Beth Anderson
Is it smart to buy a house hack that we couldn't afford without the rental income?
18 April 2024 | 18 replies
Even with future income to offset the mortgage, I would not expect a lender to underwrite a SFH as an income producing property like they would for a multifamily property.
David John Forliti
Conflicting information on 2BR/3BR vs larger houses
18 April 2024 | 14 replies
My 2/1 in the Smokies is at 100% occupancy this month somehow, but it will only produce 1/2 of my 3/3 and 1/3 of my 4/4 this year.
Jarrett Fogelman
What’s your views on getting Solar Panels?
18 April 2024 | 27 replies
Windmill, it's a lot cheaper, produces similarly, no decay rate like solar, generally longer lifespan than solar now.
Lenza M.
Is Holton Wise Sale of Quad in Cleveland a Scam? (7809 Franklin)
20 April 2024 | 100 replies
VacancyNon payment of rentRepairsMaintenanceUtilitiesIf you'd like to get an understanding of this business you'll need to do what I told Lenza to do and watch the hundreds of hours of content I've produced explaining the intricacies of these variable expenses, what to look out for, why things shift, what bad tenants do, what good tenants do, how to reduce risk, why you can't avoid risk etc.....It's clear Lenza is lost on how this business works right now, if you're in the same boat as him you should check it out.
Sahil Rajput
Cannot find cash flowing deals in CA
18 April 2024 | 83 replies
Outside of Silicon Valley and Hollywood there is no other industry producing wealth and opportunity.
Allen L.
Anyone have whole life insurance policies?
18 April 2024 | 5 replies
@Allen L.If your producer can't answer these questions I would try to find a new insurance professional.
William Coet
Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
meant to say we have two financial regime right.the last 12 years are the cheap money regime, so buying real asset risk/reward is almost no brainer than holding cash, good to become borrower for asset that's appreciating (10%) lolbut in the last 12 months we moved to expensive money regime where holding cash itself is producing money with almost no risk, while doing business including real estate is having higher risk (compare to cheap money regime).
Namal Burman
Real estate gain + W2
17 April 2024 | 5 replies
Note that rental losses are traditionally only deductible against rental income; since you clearly have positive passive income, a loss-producing property likely would help reduce that income.
Javis Ray
Is getting both licenses a "No Brainer?"
17 April 2024 | 13 replies
Sure for agents who aren't busy and need something to keep them occupied this would work but busy and top producing agents aren't going to have time or need to add being a lender.
Rory S.
Buildium for Accounting
17 April 2024 | 5 replies
Can I use Buildium for bookkeeping including tracking all transactions per LLC including mortgages and can it produce detailed reports at tax time?