Arn Cenedella
Greenville South Carolina Multifamily Portfolio
24 April 2024 | 2 replies
Strong median income growth.
Michael Martin
Invest money in the market or purchase 4 plex.
24 April 2024 | 8 replies
I would suggest sharing the property analysis with your advisor to he/she understands the deal and properly add it into your financial plan.
Kayla Lussier
3 Fives- BEWARE
24 April 2024 | 7 replies
Anyway, I'm so glad to be done with them soon and warn against this group because they looked out for #1 instead of looking out for their private money lender in addition to their business.
Eilon Shoham
Looking to build my “Core Four” in KC MO
24 April 2024 | 6 replies
Hello everyone, I’m an out of state investor to Kansas City Missouri.I am based in North Hollywood California and I acquired 4 doors in the past year in KC MO .I’ve been buying Turn Key properties from my investor friend in KC MO.After getting my apatite bigger I’m looking to buy by myself in order to be able to create a bigger equity by doing the deal from scratch.I have a strong income and about $200K ready to invest.I’m currently looking on SFR and small MF (price range 80K-250K) that will cash flow and will generate long term wealthI’d love to connect with experience Real Estate Agents, Property Manager and Contractors.Thank you for reading my post and looking forward to connect and share more about my RE Journey!
Marcelo Murai
deal calculator recommendations?
24 April 2024 | 7 replies
Elaborating further, as input: - percent vacancy- percent CapEx- maintenance and repairs- utilities- property managementAnd output the following:- cash flow- cash-on-cash return- and would be nice to have Net Operating Income and Cap RateIs there anything like that or is it better to build myself one?
Erica Calella
Looking for HELOC Advice
24 April 2024 | 11 replies
No income No doc.They will release the funds in draws as you complete the project Phases.
Patrick Hancock
Can you have too many LLCs?
24 April 2024 | 18 replies
@Patrick HancockLLC's are not free and there are costs associated with LLC1) Formation costs - potential attorney fees and setup fees with the state2) Registered agent fees if the LLC is not in the state that you operate out of3) Annual fees to keep LLC active4) Bank feesThere are also additional administrative burdens with having so many LLC's.
Na Christian
Interest-free seller financing
24 April 2024 | 4 replies
That's $20,293 per year in "income" I will have to declare. - Depending on appreciation, I will be underwater for at least a decade in this "deal".
Sean Sheridan
Capital Gains Tax
23 April 2024 | 10 replies
Any gain on property you hold for less then 12 months will be considered income.
Jason Lohse
Not Required to Accept Second Late Payment?
22 April 2024 | 15 replies
So, assuming this tenant is already paying market rent you will never recover those additional costs and make less money.