Loan Tran
Lessen 401k contribution and use it for rental property!?
Does it make sense to lessen my 401k and use the extra monthly money to invest in rental property!?
Shane H.
Using a General Partnership to lessen taxes on Owner finance?
Hello all this thread is kind of an off shoot of THIS ONE so you can read there for some of the details.I followed up with the owner last night on a whim as I had not talked to him in a while - we are supposed to mee...
Alan DeRossett
Lessen has raised $170 million in the real estate tech sector
Lessen has raised $170 million in a round led by Fifth Wall to become
the latest unicorn in the real estate tech sector, as the space
continues to bounce back from a pandemic-induced lull. Appreciation continues i...
Jedd Braunwarth
Off market deal- how can seller lessen tax burden selling to me?
Alright experts need some advice. I have an off market deal I am buying from a seller, roughly $1.8mm, we had many conversations, toured the property, etc. The owner is wanting to fully retire and move out of state an...
Leo Plaza
Under contract for a 3 unit buy and hold rental property
Purchase Price: 440kDown Payment (25%): 110kRehab budget: 70kGross Monthly Rents after rehab: $4,250Net Monthly Rents after mortgage & expenses: $1,015Cap Rate: 7.6%Cash on Cash Return: 6.76%Property was built in ...
Arlisha J Edwards
Bad Credit and bouncing back
We purchased our first rental property (in my personal name) in January 2023. Everything was going well until we ran out of money fixing it up. I took out We became late on the payment (2 months) and are now on time...
Kyle Baxter
Down Payment Strategies with High Initial Starting Capital
Wondering what some of you who have experience in the small-mid multi-family market would do with a fairly large amount of starting capital (>250k) considering down payments. Do you prefer going as low as possible ...
Quy Huynh
Who do you use for real estate insurance?
As many of us have experienced, insurance costs have increased quite a bit this year. Who is everyone using for their real estate insurance needs? Any guidance would be appreciated, thanks everyone!
Chris Franklin
Tax impli's of Converting Pri to Rental?
Hello, thank you for reading and answering this Q.I want to convert my primary SFR to a rental, longterm, selling after aprx 8-10 yearsbought at 280k /owned for 10 yrs. Worth today about 560k. Filing as single, unmarr...
Lisa Borowy
Raising Rent After Purchase & Improvements
In podcasts and FB posts, I hear people talking about adding value that justifies rent increases in newly acquired properties. In some cases, adjusting to market price where rents have been kept low by the previous ow...