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2 March 2024 | 3 replies
-joeNet CF from investment 1yr= Owners equity+Gain on sale in y1+ Total return from operations for that year.For years 3 and 5 add the principle reduction from the previous years and voila.Exit price(his estimated sale number)- total purchase price= gain.
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1 March 2024 | 5 replies
Section 8 is a government program that allows you to rent properties to lower-income residents in the Section 8 program.
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1 March 2024 | 31 replies
You said to create LLC when equity hits about $1 million.
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29 February 2024 | 2 replies
Where do people go and network to find equity partner for real estate.
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29 February 2024 | 2 replies
Any thought on getting HELOC between our own Investment Property VS Residence Property (the home that we live on).
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1 March 2024 | 3 replies
Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an annual paper loss wInvestor Personally- Investor owns 2-3 properties not in the LLC-Equity in property 1 is over 70% and equity in others are around 50%-Investors personal DTI is around 15-18%Based on what you see above, the investor would like to tap into the equity in one of the above personal properties.
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2 March 2024 | 5 replies
I have and maintain a 60,000 gallon pool at my primary residence.
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1 March 2024 | 8 replies
I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes in Idaho are higher for out of state owners vs. residents (i.e. a house could cost $2K in annual taxes for a resident, but may be $3K for an out-of-state owner).
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1 March 2024 | 4 replies
Also wondering if anyone is aware of the tax implications for residing in California and owning property in NY.
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1 March 2024 | 5 replies
One of the ways we have been doing that in our multifamily properties is by adding sub-meters to the water lines of each apartment and passing the water usage costs along to the residents.