Emeldine Achili
New to investing
15 April 2024 | 7 replies
Here is an example of the loan summaries that I utilize for my Baltimore clients, being careful not to exceed certain loan-to-ARV and loan-to-cost limits.
Russ Mooneyhan
Is there a standard method for knowing what kind of offer to make on multifamily?
15 April 2024 | 9 replies
Your purchase price becomes more important because the length of time for market improvement and your revenue increases has been shortened.
Alex M.
My 5 year plan - what's yours?
16 April 2024 | 6 replies
Buy 4 more properties - one approximately every 3 months, based on the following logic = always fill existing property with a tenant prior to moving on (I'm new, and this is my way of managing risk); build resources to purchase next property (I have pretty decent purchasing power right now through conventional lending with my current job, and I also have a private lender ready to loan on my next property, and I also get a quarterly commission check that provides a nice financial bump every 3 months); finding a property takes time, but it is worth it to find the right property in the neighborhoods I want to invest in, at the right price.
Ethan Robert Millay
21 year old looking for advice on first Airbnb
14 April 2024 | 19 replies
And keep an eye on how your Airbnb is doing so you can keep improving the guest experience and making your business run smoothly.Good luck!
Katie Bustos
House hacking taxes?
15 April 2024 | 7 replies
It's important to distinguish between repairs (deductible) and improvements (generally not immediately deductible).Utilities and other expenses: You may be able to deduct certain expenses directly related to the rental property, such as utilities or advertising costs.
Caleb Black
How to Structure Multifamily Real Estate Partnership?
15 April 2024 | 1 reply
We created an LLC together which was simple, the problems mostly came with the logistics of getting a loan.
Aaron Bard
Lunch Break Post (Seller Finance Deal Problems)
15 April 2024 | 4 replies
There are quite a few other options that you should consider before walking away, though.It sounds like maybe a fix-and-flip loan would be a viable option for you.
Henry Clark
Mentor 10- So you just died
15 April 2024 | 1 reply
Life insurance policies - looks like it's best to start with several and cancel some of them as your debt decreases and you have long term loan positions with good cashflow.
Orlando Alberto
Seeking for an honest and expert advice
15 April 2024 | 2 replies
You can look up cash buyers on propwire free, and reach out to the LLC owners by looking them up, or call the agent and ask them.Another option would be to find some private money lenders, and get them to go down on a hard money loan with you, unless you can get all the capital from one person alone (this is very difficult because most people won't loan that much to someone new to real estate).