Nicole B.
Lending One Rental Loans
10 April 2024 | 8 replies
As you know, each person and deal ought to be underwritten independently of another.
Marcos Cardenas
Share some good college degrees that go along with real estate investing!
10 April 2024 | 27 replies
My personal experience, I majored in economics with a focus in business analytics but what’s worked for me and I think is a good path is to major in something that will maximize your W2 earning potential and use the money to invest in real estate.
Jon Kim
Bonus Depreciation for STR then LTR?
10 April 2024 | 11 replies
This applies to properties used for the production of income, such as rental properties.However, if you initially declared your property as an STR (which typically falls under different tax rules), you might have been using a depreciation period of 39 years, which is common for non-residential property or property used for personal purposes.When you convert your property from STR to LTR, it's considered a change in use for tax purposes, and you would adjust your depreciation schedule accordingly.
Jeremiah Alton
Lender24Solution - Private money/ Hard Money and Secured
10 April 2024 | 4 replies
- Zero personalization to their site and no names for any specific contacts to reach out to - Bogus reviews.
Theodore Williams
First renovation and rehab questions
10 April 2024 | 2 replies
Who knows what that person was up to before they ran out of money.
Luke J Nelsen
Short Term Rentals in Alaska
10 April 2024 | 25 replies
@Luke J Nelsen - Personally, we do them in Anchorage and Wasilla - the two biggest population centers.
Peter Peter
IRA and financing questions
9 April 2024 | 3 replies
You are not allowed to provide personal guarantee on a loan with IRA-owned property so the only financing that would be allowed is non-recourse.
Austin B.
DFW - Legal Counsel & Title Company Recommendations
10 April 2024 | 5 replies
I am using Texas Secure Title but I use the Ft Worth office and have a personal connection there so mileage may vary, but at least it is somewhere to start.
Edith Lucero
Is this a good deal for a first time rental property?
10 April 2024 | 9 replies
This property is in Jefferson Park so it’s a good area. 8% CoC is alright but considering how much rehab you're doing personally I would want a return closer to 10% or more.
Danielle Avery
Rental Management Software
10 April 2024 | 5 replies
Not sure the size of your portfolio and if it is personal or you are managing for others, but if it is the latter (or you have a decent size portfolio) it might be worth while investing in that.