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8 March 2024 | 10 replies
., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.
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7 March 2024 | 1 reply
From flipping houses to building passive income streams through rental properties, the possibilities are endless when we combine our expertise, experiences, and, most importantly, our passion for real estate.So here's to new beginnings, exciting ventures, and the boundless potential that lies ahead.
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6 March 2024 | 12 replies
For flipping, there's the allure of higher future income and property value, but beware of the construction costs, time investment, and market uncertainties.
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7 March 2024 | 9 replies
I will be filing this season for the first time being a home owner and house hacker.I would like to work with a tax professional who has experience with this strategy.Tell me why I should cancel my meeting with H&R Block this weekend...For context, I have a W-2 income and have had 3 tenants stay in my home within the past year.
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7 March 2024 | 1 reply
My accountant is telling me that we should just keep it on my tax return for 2023 as a rental, and not primary, since I have too much income from the studio I airbnb.
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7 March 2024 | 2 replies
Owner didnt need a lot of cash out (he had recently sold a CA home) and is now getting same monthly income he had previously without the headache of maintenance and management.Building was poorly managed and rents waaaay below market, which is where we saw value.
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7 March 2024 | 4 replies
He initially said that because they were husband's wife he did not have to fill out an application and then I told him that all rental agencies in our town make them do it he grudgingly did it, but he's not said anything about his employment history and he has no current income
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8 March 2024 | 8 replies
Do you have the passive income to use for offset?
7 March 2024 | 14 replies
The income aspect is a little different though, because you will not be able to verify, or they may not show income on their application if they don't have any.
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6 March 2024 | 16 replies
If you have the income and credit, maybe you can sign on for the loan and someone else provides the down payment?