Nicholas Bourgeois
Advice and potential connections for new investor moving to Destin/FWB
11 January 2025 | 4 replies
go to local meetups, they should have some here or try meetup app or eventbrite. continue to network and that can help you execute your plans.
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
Despite only renting for two months, this tenant's aggressive behavior is creating a hostile living environment for other residents.Specific Issues:He complains about our lack of notice when entering the property during our own move, despite prior notification.He has moved items around the house without permission.His communication has been condescending and confrontational.He installed a surveillance camera in a common area, violating the lease agreement.He banged on the door because he couldn't use the smartlock code properly.Considered Actions:We plan to serve him with a notice to vacate.We are considering having a constable with us when we serve him the notice.Questions:Should we just give him warnings considering that his actions may not improve?
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
I recommend finding an accountant who specializes in planning.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
The biggest factor will be how long you plan to own the property or when you think you may refinance.
Sonu Sundar
Dubai real estate investment
27 January 2025 | 35 replies
But I know that the leaders are working on plans to fix it and they are very skilled and effective.
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
It would be good to talk to a lender to make a game plan and review your financials.