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10 July 2024 | 24 replies
Consider renovation costs and potential for adding value through improvements.Resources and Tools:Local Real Estate Networks: Connect with local real estate agents, property managers, and investors for insights into specific neighborhoods and market conditions.Online Tools: Use real estate websites and platforms to analyze property prices, rental yields, and neighborhood demographics.Tips for Canadian Investors:Tax Implications: Understand tax implications for Canadian investors owning U.S. property, including withholding taxes on rental income and capital gains.Legal and Financial Advice: Consult with a cross-border tax specialist and real estate attorney to navigate legal and financial aspects of investing in the U.S.If you would like to discuss further/need financing please feel free to reach out.
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9 July 2024 | 2 replies
Currently house hacking (rent by the room) in my primary home (1st property) in Texas while working out of state.
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9 July 2024 | 4 replies
You can do both usually you want someone that can lead a team and convert the lead and sell if they need too and most people with that skill set are currently working.
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8 July 2024 | 1 reply
It's a means of producing income, not long-term wealth.
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8 July 2024 | 9 replies
They need to speak with a lender who can pull their current entitlement charged for the current loan, and then they need to tell the lender what County they want to buy in and how much of a home and downpayment they plan to purchase.
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8 July 2024 | 6 replies
Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?
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9 July 2024 | 11 replies
Thank you Zachary- we are currently doing a 1 bed and also a 2 bed.
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8 July 2024 | 12 replies
I know some tourist locations are cracking down on how many short term rentals are allowed... does anyone have some insight into the current outlook in Tahoe?
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10 July 2024 | 11 replies
I do 12-month leases all year round and it actually produces more income.
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9 July 2024 | 8 replies
Ask to speak with some of their current owners and current/former tenants.