Shaunta M.
Windows in property
17 May 2024 | 14 replies
Hi everyone i purchased a property and found out from the tenant that all of the windows are sealed shut.
Ariana Jones
Interest Rate Hike Decreased My CoC Return, DSCR. Should I Back Out?
18 May 2024 | 12 replies
Here are the terms: Purchase Price: 255,500Loan Value: 229,950Sellers Credit: 15,000Down Payment: 25,550 (10%)Debt Payoff: ~22,000Interest Rate 8.12%This high debt payoff has doubled since I initially started this process (at first it was 10K) and lender is telling me it's due to the interest rate increases.
Joseph Skoler
Transfer real property from s-corp
20 May 2024 | 28 replies
If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.
Sabrina Flores
Real Estate Investing Techniques
17 May 2024 | 5 replies
Sellers over price the property in their mind and belief, so it requires some negotiations once they are located.There are plenty of properties that have not been on the MLS to buy, but the techniques we use to buy them means we have equity at purchase and we don't need to use banks to do so.It does require capital, and an understanding of what makes for a safe investment.
Ravi Karuturi
New Ground up Construction Loan Lender
15 May 2024 | 20 replies
Large scale funding for deals like this are usually negotiable so the amount you'll need to come up with will be negotiable with the lender and also per their guidelines.2.
Munjal Adhvaryu
Investing from Canada
13 May 2024 | 21 replies
You'll also need to be well-versed in the Landlord-Tenant Laws of the state you purchase in as well as resources for tenant screening and contracts.
Dave Meyer
Is Real Estate Still the Best Asset Class?
14 May 2024 | 164 replies
It is that they never scaled it to the point where things start compounding.
Christian Sorrell
Are there ways to get Preapproval for a US Mortgage as a Canadian Citizen?
16 May 2024 | 9 replies
I would like to know how to get pre approved for a mortgage to purchase a US Property, preferably in Florida.
Jenny Milu
Buying Land and Building vs Purchasing Something That's Already Built
14 May 2024 | 2 replies
Hello All!The market I really want to be in, is a small mountain town where inventory is insanely limited. The good news is that I have a relationship with a builder I like and trust! The lot I'm interested is in tow...
Franc B.
Washer dryer hookup issue in rental
16 May 2024 | 8 replies
Purchase the machine and make it part of the rental?