2 September 2021 | 1 reply
You may want to double check your numbers. 1.5% or even 1.6% on a fixed 30 year loan seems off, as a result that will increase your expenses, and decrease your monthly cashflow (probably putting you close to zero if not negative).
13 September 2021 | 5 replies
And as long as he purchases in total at least as much as his net sale he'll defer all tax.There are lots of opportunities to decrease his management headaches including NNN commercial properties, DSTs, managed multi family, or resort or company managed vacation rentals.
5 September 2021 | 3 replies
In TN it's considered "ate" on the 5th, but I sent them a email reminding them of the late fee and letting her know of the "Pay of Vacate Notice".
7 September 2021 | 8 replies
I noticed there's a ton of buyers out there looking for a home but can't afford the high cost of a fixed up home.
7 September 2021 | 13 replies
Many states require an LLC to borrow hard money. (3) Decreases liability, minimally, from legal action.Cons: (1) Costs to own and upkeep. (2) Often adds a costly step to buying property, as banks tend not to lend for single family housing directly to an LLC and therefore must be transferred from personal ownership into LLC. (3) Only limits liability if set up correctly—and many aren't. (4) Transfer from personal name to LLC can trigger "due on sale" clause.I'm probably the rare one around here who owns all my rentals under my own name.
7 September 2021 | 44 replies
I noticed that your screen name did not give a location.
5 September 2021 | 2 replies
Hi, There are just a few things that I noticed.
6 September 2021 | 4 replies
Keep in mind, doing this will decrease the cashflow on your original property since you will be refinancing, most likely resulting in a higher monthly payment.
6 September 2021 | 2 replies
My husband and I have noticed a trend that many high net worth real estate investors are transitioning to real estate education?
6 September 2021 | 5 replies
-In addition, while I understand that it makes the most sense to get these services individually priced out for a given property, is there an average expense percentage that you have noticed these services taking up in your monthly budget?