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18 January 2025 | 11 replies
Your assumption about them being understaffed or prioritizing larger clients could very well be true.
13 January 2025 | 21 replies
Hey Account Closed - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
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2 January 2025 | 8 replies
Financing as a non-US citizen might be a challenge, but it’s not impossible—I’d recommend reaching out to lenders experienced with foreign investors early in your journey.A few general tips:1.
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11 January 2025 | 3 replies
A close friend of mine in Houston once had a client who owned two properties across different states.With your North Port place being so fresh (2021 build) and on a canal, you’ve got strong appeal for folks looking to enjoy that waterfront Florida vibe.
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13 January 2025 | 7 replies
Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.
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10 January 2025 | 2 replies
I have a former client in PA that owned some car washes in his hometown.
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13 January 2025 | 6 replies
For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.
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8 January 2025 | 2 replies
My experience with friends/some clients is get their numbers via whatever method you can and reach out via the phone.
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2 January 2025 | 9 replies
I'm a foreign national living in Ghana, and I have some knowledge about Real Estate, though I have little experience.I would love to have a partner who could go in with me, to put up any cash that might be needed.