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Hello everyone,We are a design-build company based in Spain and Mongolia. Over the past 7 years we have been seeing increased demand from our clients to use existing design and prefab solutions, so we decided to enter...
I had intended to sell about $5.3MM of rental property and simply use the profits to may off debt on other notes. However, I'm told my tax basis will be close to $2MM after depreciation recapture.
Does anyone ha...
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Looking to purchase my first Multi family building in Chicago. Preferred north west side. Humboldt, wicker, Logan, west town area. I have no dept to my name, 755 credit score, and around $15,000 to spend. Using FHA lo...
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Hi all,We're within a week from closing on our first property in Georgia. We'd like to have it owned by an LLC that we created (FYI, I have listened to the podcasts about not worrying about entities until you get goi...
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I have a former primary residence I want to convert into a rental. We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes. Howe...
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I may purchase another home this year for me and my family to live in and convert current single family home (purchased 8 years ago) into my first rental. Normally for the Cash on Cash calculation, I would need to det...
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Hello,First time poster, and new to investing. My question is:Is anyone willing to give a bit of advice or suggest any pitfalls I may be over looking? my day profession is a banker and I also have a real estate licens...
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I’m about to put in an offer on a beach property in Galveston and I have a few questions for the group and would love some feedback based on your experience.
1) What loan product should I look into? Is a DSCR loan ...
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I just wrote a blog about the financial metrics/returns of building ADUs in Los Angeles & Southern California...thought I would share some of my findings:
The cost of an ADU will depend on a few factors including...
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I am currently active duty military and am trying to get out in the next 4 years, in order to do that I need to be well off financially. How would I start with little to no capital? Military doesn’t pay much. I’ve bee...