Matt Vandeleest
Jumping in with both feet!
7 March 2024 | 3 replies
Each class has different tenant pools, appreciation, turnover rates, etc.
Kalen Adamson
moving capital from stocks/ETFs or shares into real-estate
7 March 2024 | 7 replies
@Kalen AdamsonNot tax advice as a cpa can respond but typically when you cash in stocks that gain is taxed (if owned for a while at qualified dividend rate).You could take the cash, hold money for taxes and put that money as a contribution to the LLC and then start investing in real estateIf you invest in real estate you may get depreciation etc whixh could be paper loss and potential reduce tax obligation but the entire picture needs to be looked at
David Cianci
House Hacking in New York City
7 March 2024 | 5 replies
NYC has a high demand for rentals overall, but you'll have to look into the particular neighborhoods you're interested in.Your cash flow will be impacted by your mortgage's interest rate.
Devang Patel
Is this the time to be selling your rentals
7 March 2024 | 38 replies
Interest rates and prices will almost certainly be higher for the rest of your life.
Steve Meyers
San Diego Market Recap - Jan 2024
6 March 2024 | 3 replies
Days on market are less as well which shows me that demand is still very much there.With affordability and inflation playing the biggest factors into why a lot of buyers are settling with a condo or townhome to start in hopes of moving up to something bigger and better as the market continues to appreciate and trend upward.I fully anticapte the remainder of this year to be a very busy one with a lot of buyers entering back into the market with talks of rates coming down in the Spring.
Alex Banyasz
STR Insurance Policy Limits
7 March 2024 | 14 replies
At this time, I believe they are accepting new properties in FL, but the rate may be high.
Gerich Fellermann
Partner buyout - 3 SFR's in 3 states - how to finance?
7 March 2024 | 7 replies
Credit is 800+.I have ~$120k in an inherited IRA that I could liquidate as well, but would prefer not to if at all possible.House #3 is least priority and could be used to offset the cost of the buyout on #1, but it cashflows so if I can keep it that would be great.I know it's a tough rate climate, but I'm looking for any creative options, and lenders who operate in all three markets that could help streamline the process.
Andrew Bosco
Scaling up MTR - Cleaners, Doorlocks and Furniture!
7 March 2024 | 2 replies
You're not obligated to select one, but it will give you an idea of the going rates.
Evan Bell
Need Property Management for 3 out of state rentals
7 March 2024 | 8 replies
Competitive rates and a good track record of finding long term tenants.
Sebastian Giraldo
Investors: Thoughts on this Miami, FL 4-unit deal!? My goal is to BRRR in year 1-2.
6 March 2024 | 4 replies
Sales price: $900,000Seller finance: $400,000 / 2 year ballon / 7% interest rate / interest only monthly payment: $2,333 / no pre-payment feeEstimated monthly income: $9,300 / Annual: $111,600Electric separated - water $450 per monthProperty taxes: $16,700 (with property value assessed)Property Insurance: $6,300Renovation Repairs $150,000I anticipate the Re-fi appraisal to come in at a conservative $1,150,000.