Kostyas Constantine
Foreign national looking for Home equity loan or HELOC
15 February 2024 | 17 replies
If worst comes to worst and I cannot receive credit I'll just sell the USA house, and because I've owned it and lived in it while in the USA for over two years I will not pay CGT.
Greg San Martin
14-30 Day Actively Managed STR Possible for W2 Earner?
14 February 2024 | 1 reply
I would like to offer actively managed STRs for a year or two until the end of bonus depreciation or longer.
Jack P.
Using home equity loan plus 401K loan for new primary in HCOL area versus renting
14 February 2024 | 1 reply
I was considering our housing options for the move and they fall into two options that I'm considering: 1) Take out a $60K home equity loan, and a $50K 401K loan, and dip into savings to come up with 20% down on a primary in the HLOC area.2) Rent for a couple-ish years at $3k/month until we save up enough for 20% downThis is sort of how I've been thinking about it: Option 1Pros:1) Only have to move once2) Appreciation on the house in the HCOL area over the two or two + years it would take to save up the down payment if I rented insteadCons:1) Reduced 401K performance2) Feels a little scary to pull equity out with a home equity loan since I've never done this and it was not part of my initial investment strategy3) Less cashflow from primary once it becomes a rental Option 2Pros:1) Less stress about 401k and home equity loans2) Better 401K performance3) Better cashflow from current primary once it becomes a rentalCons:1) Two years of rent2) Two years of missed appreciationOther info that might or might not be relevant: We have two modestly cash-flowing rentals besides our primary.
Kenji Tominaga
Out-of-state property viewing via video
13 February 2024 | 9 replies
When I send out of state clients videos, I include about 1-2 min of the exterior and neighborhood, and my comments.
Gabe Capoferri
STR Masterclass and Scaling
15 February 2024 | 6 replies
That is what I have done for the last two years.
Edward Acker
LLC vs Umbrella
14 February 2024 | 1 reply
I own my personal residence plus two rentals and in contract to buy a third.
Chris Good
Adding Value and Controlling Costs
15 February 2024 | 2 replies
Most times the water usage drop is significant and the residents are much more likely to notify you when they have a leaking toilet etc.We've also found that the expenses for the material and install is often recovered within two years or less.Sometimes we need to reduce the rent by $20-30 less than what we would otherwise be able to rent it for, but in some cases, it doesn’t affect the rent at all.
Alex Booth
How To Sell A Portfolio of Single Family
15 February 2024 | 10 replies
Closed on one note sale this morning and have two more final ones next week.
Daniel Alfandre
Do you sell your spec homes yourself or hire a realtor to do it?
15 February 2024 | 11 replies
We were very fortunate to have been able to fun our first project with cash, and we simply rolled the profits from once job to the next until we were able to do two at once.
Danny M.
I Just Started Out My Real Estate Journey, Here's My Story.
15 February 2024 | 10 replies
Lastly, if there is anyone in Royal Oak Michigan, or the surrounding area, who is interested in getting a real estate club going (I just need one more person, two's a club!)