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All Forum Posts by: Daniel Harbuz

Daniel Harbuz has started 4 posts and replied 44 times.

Post: Top Landlord Friendly States + Purchase Tax Rates

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Im trying to focus more on the market itself (obviously the taxes factor into that) and getting good tenants so I dont have to worry about the laws too much. It has worked well so far and I hope I can always rely on not going to court! 

Post: LIVE IN MY FIRST RENTAL PROPERTY OR RENT IT OUT?

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

It depends a lot on the property and market you are in, which is going to make you more money? 

One thing a lot of people do is rent out the investment property then rent a multifamily home which they house hack.

This way you are living rent free AND your investment is paying off.

Post: Mentoring program question

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

following. also interested 

Post: New Investor in Cincinnati

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Hey Welcome aboard, Ive just purchased my first property in Cincy in Norwood. Would be happy to connect. 

Post: Long Distance Investing in OH

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Great Im going to be there mid Sept 

Post: Seller Financing/Owner Financing

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30
Originally posted by @Aaron K.:

What @Daniel Harbuz said is decent advice, but don't tell them that it is tax free, because it isn't

Thanks, and yes for sure dont tell him its Tax free sorry for not being clearer. I was sloppily alluding to the fact that some people will pay less tax on payments spaced over a few years than a lump sum but it does depend on their situation. 

Post: Does wholesaling work in the U.K

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Thats a super broad question. What techniques do you mean?

Post: Seller Financing/Owner Financing

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Someone gave me great advice recently rather than asking about financing. 

Ask if they own property outright then ask what they are going to do with the cash. 

If they own it and are going to put it in that bank then offer to borrow the money from them and pay on a monthly basis to they get more money than they would in the bank and then avoid taxes too

Post: Does wholesaling work in the U.K

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Yes it is there is a great property market there

Post: Long Distance Investing in OH

Daniel HarbuzPosted
  • Specialist
  • Europe
  • Posts 44
  • Votes 30

Hey Isaac we are doing the same at the moment the communities along I-71 look great and there are a few of them. Some have a higher percentage of owners than renters and a few areas have been hit by the opioid epidemic BUT if you ask around there are some good options