All Forum Posts by: Account Closed
Account Closed has started 6 posts and replied 12 times.
Post: Residential Assisted Living - Tax write off Question?
- United States
- Posts 14
- Votes 3
Thank you Natalie.
Justin, do you know the demand for ''Rental Residential Assisted Living Facilities''? I plan on buying properties in the right locations and update them to meet the standards for the RAL facilities and rent them to operators.
Post: Residential Assisted Living - Tax write off Question?
- United States
- Posts 14
- Votes 3
Hello guys,
If I own a property and use it as a licenced (Residential Assisted Living) business, can I write off my property depreciation? Can I legally rent it to myself through a separate entity and write that off as well?
Navid
Post: Owner financing my 400k house
- United States
- Posts 14
- Votes 3
Hello everyone,
If I own a $ 400k property outright, how can I owner finance it?
What would be a feasible interest rate and down payment for this property? What would be my monthly check?
I would need to consider a 30 year mortgage plus a three-year balloon.
This property is located in Central Florida. Orlando
Thank you
Navid
Post: Unlimited Mortgage loans
- United States
- Posts 14
- Votes 3
Hello guys,
How is it possible to finance as many as rental properties that I want without proof of income or w2, etc... ?
For instance, how can I finance about 40 rental properties with cash flow of $200 (net) a month each and make 8k/monthly? ( I have only 500k in cash)
Thank you.
Post: How would you invest 500k in Real Estate to make + 5k monthy?
- United States
- Posts 14
- Votes 3
@Steven Bond I plan to invest in central Florida. I'm in my 30s and I'm seeking for a business/investing model to make at least 10k in in the next 3 years.
Post: How would you invest 500k in Real Estate to make + 5k monthy?
- United States
- Posts 14
- Votes 3
Thank you for the clarifications. What would be the net income (after taxes, insurance, etc...)?
Post: How would you invest 500k in Real Estate to make + 5k monthy?
- United States
- Posts 14
- Votes 3
@Jay HinrichsSo if I invest 250k as a HML with 12% and one point for a period of 6 months, I can make about $5400 a month for that period and if I do another deal with the same rate and investment I can make another $ 5400 for the rest of the year...so I can make about 64k a year? I'm I getting it right or not?
Post: How would you invest 500k in Real Estate to make + 5k monthy?
- United States
- Posts 14
- Votes 3
Hello,
How would you invest 500k in real estate to make at least 5k a month without high risk and any hassle? How would you make it to 8k or 10k a month after a couple of years?
Thank you
Post: How to become a Hard Money Lender in Florida?
- United States
- Posts 14
- Votes 3
Hello guys,
I'm interested to become a hard money lender in the state of Florida. What is the requirement to become a HML in Florida? Do I need any license?
I have $ 500,000 in cash and willing to get into this type of investment. How should I start as a HML and how much profit can I expect each month and how can I expand it.
Regards,
Post: How to make 10k a month through rental property?
- United States
- Posts 14
- Votes 3
Is it possible to increase my rental portfolio without holding a full-time job? How can I finance multiple rental properties without proof of income?