Mike Silva
First time home buyer looking to house hack multi family in NH, but values at 600k+
1 February 2024 | 2 replies
Those are the taxes, insurance, landlord-paid utilities, and mortgage.
Rathelky Gonzalez
Rathelky Gonzalez Lic.Real Estate Agent and Investor.
30 January 2024 | 0 replies
I like to earn the respect of my clients by working tirelessly on their behalf and by always offering them candid advice.
William Mogck
VA Loan Transfer to LLC
31 January 2024 | 3 replies
You cannot get a business loan or line without net income on IRS taxes.
Joseph Fenner
Looking for the best financing for my first rental property.
2 February 2024 | 17 replies
My investment team will include the following individuals: Investors, Lenders, Brokers, Tax attorneys, Accountants, Realtors, Business consultants, business mentors, appraisers, construction contractors, marketing team, and fiduciary financial advisors, who else should I be working with?
Peyton LaBarbera
What are all of my options for financing a fix and flip project?
1 February 2024 | 17 replies
The cheapest lifecycle for any deal has been like 23k, the most expensive life cycle has been 48kThe lifecycle includes:DownpaymentClosing CostsInsuranceHolding costs of loanUtilities and taxes at property until you sell/refiDownpayment to contractor to start workLike I said, the cheapest life cycle I've seen so far was 23k and that was for a deal with numbers of:60k purchase60k rehab170k ARVSo, you can imagine when you step it up and are buying distressed houses at 150k/200k and putting 100k+ into them the liquidity needed to survive the projects life cycle will increase dramatically.And as a rule of thumb, if a project can require a 80% - 100% cash on cash return in 150 days or less close to close then it is a good deal.So if the project life cycle costs you 30k, you want to net 30k as a return.
Paul Sofia
Biz Broker Assistance
30 January 2024 | 4 replies
They will look at the earnings apply a multiple and try to get it sold as fast as possible and get their check that is the model.
Jack Lander
Who needs help getting started with wholesaling ?
30 January 2024 | 37 replies
And the same question to find a CPA, how would I get the right CPA to look over the earnings of the LLC?
Manuel Angeles
Los Angeles Commercial Multifamily Market Report as of January 15 2024
31 January 2024 | 0 replies
Sellers in the City of Los Angeles now face an extra 4% transfer tax for any sale above $5 million and 5.5% for any sale above $10 million.
AJ Lee
Advice for property management
31 January 2024 | 3 replies
We really want to try to get our Real estate professional status for tax purposes.
Tracy Cheon
What do you do to negotiate better?
1 February 2024 | 7 replies
Remember all your investment in repairs can go into your business costs for taxes.