All Forum Posts by: Matt Dickens

Investment Info:

Single-family residence buy & hold investment.

Single-family value-add buy & hold

Investment Info:

Single-family residence buy & hold investment.

FYI to all my STL investors who own a home with less than 20% equity and paid PMI in 2021, here's a quick reminder that a portion of your MI premium is tax deductible if your annual gross income for 2021 is at or less than $109K.

Better yet, those who make $100k & below can itemize 100% of MI premiums for the 2021 tax year.

Keep your money in your pocket, people!

Feel free to reach out if you have questions/don't know what any of this means

Matt Dickens 

archmi.com/MI-Tax-Deductibility

For those of you who have just the smallest inkling of interest in real estate & want to know what it takes to get started or what house hacking is, my gf Rachel and I welcome you to our duplex in South Hampton next Saturday. We will be hosting an informal meet & greet to share our personal experience on our first house hacking adventure. We hope to share this experience and meet other couples or people who want to take action toward financial freedom through real estate investing. As Rachel can't go 5 minutes without eating, we will have snacks, drinks, and music. Details below. See you there!

5303 Sutherland Avenue, ST. Louis, MO, 63109

12PM-3PM

@Diana Mejia Lugo absolutely! I’m always down to connect with other investors in the area. I’ll direct message you

In my opinion, it depends on the investor's goals and financial standing. If your main source of income is REI, cash flow is always going to be a priority. But if it's not and you plan on holding the property, appreciation holds more weight. Speaking for myself, I'm acquiring property to liquidate once I reach a certain age. I think about it in the light of "if this property breaks even each year, I'll get a 15x return on my down payment once I liquidate – assuming I sell at 100% equity.

incredible work, Jacob! Hard work paid off right there. Keep doing big things - sky is the limit! 

What's up Logan! Super pumped for you - REI is such a fun adventure, you seem to be doing all the right things but now it's time to take action! I'd love to connect and hear more about your ideas and goals. Feel free to DM me so we can chat!

What's up Matthew! Excited to see another member taking action on their REI journey. As, I was in your EXACT boat a year ago but now a house hacker myself, I could provide some guidance on the concerns you listed in this post. Feel free to DM me so we can pin down a time to chat. Looking forward to it!

Welcome to St. Louis, Anthony! Sounds like you're in good hands with people that can help you with strategy, but if you ever have any questions about financing, please feel free to reach out as I'm happy to discuss all things real estate. Best of luck in your investment endeavors - hope to speak to you soon!