Ryan Mackereth
Mortgage increased April 2021? Tax increase? Anyone else?
6 April 2021 | 3 replies
Since they can't do each property individually, they use comparables to make broad generalizations to determine percent changes.
Tommy Cheng
Capital Gains Tax Question
3 April 2021 | 3 replies
If you don't have time to wait to annually keep moving their interest in the property to you, I think the liftime gift exemption is up to $11Mil (and I hear "something" about Biden doing "some sort" of legislation about it) so they could claim it against the lifetime cap and gift their entire interest in the property to you.I hope that helps, and maybe one of the accountants like Plaks or McElroy or Sidiqqi will chime in.Good luck.
John Peltier
Question for those who bought in 2007
3 April 2021 | 2 replies
Money is cheap and prices are up but it’s still unlikely that rents dip more than a few percent across the US, in my opinion.
Aya Hosch
Newbie looking for a good househacking market
12 April 2021 | 8 replies
I am also looking for a market where I can use traditional financing with low percent down owner occupy strategy.
Joseph Duckett
Short term rental financing question
3 April 2021 | 3 replies
@Joseph DuckettShe if she’d do owner financing, or do a commercial loan on them with the owner financing a percent of the down payment.
Kevin Turano
selling 1/2 of property to tenant?
7 April 2021 | 4 replies
Could I transfer 50 percent ownership to him in exchange for the cash?
Lloyd Segal
Economic Update (Monday, April 5, 2021)
8 April 2021 | 7 replies
The “Average Annual Gross Rental Yield” (annualized gross rent income divided by median purchase price of single-family homes) among the 495 counties is 7.7 percent for 2021, down from an average of 8.4 percent in 2020.
Raymond Parkerson
Suggestions on how to start.
5 April 2021 | 2 replies
There are investors that are begging for Contractors.Be their contractor and land the job, then say i will take on anExtra 5 percent of the deal to float my payment till closing.The deal/Equity of the deal.Put it in writing and make a contract about it.Simple Do this 5 times and your will be on your way to having a great down payment on a fixer upper that is all yours!!
Lexi Narducci
15-year fixed rate vs. 30 year fixed rate when trying to expand
7 April 2021 | 7 replies
May not see it again in your lifetime, don’t lose it/refi out of it.
Dominic Mauro
Owner Wants to Sell a Property with Missing Tenant
5 April 2021 | 1 reply
Obviously, the owner doesn't want to screw the guy over but he also feels a little trapped and is worried that he will eventually stop paying or something similar.I had considered just buying it and letting the guy pay rent for a while but because it's a direct deposit (or similar, not 100 percent sure) it goes to the current owner's account which isn't ideal plus the rent is below market.