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29 January 2025 | 15 replies
Thanks, it all sounds good as long as I can avoid paying hefty taxes and generate cash flow.
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24 February 2025 | 6 replies
I try to pay off all loans as fast as possible because I feel like money wasted on interest is overlooked sometimes as people only focus on the amount of money coming in rather than the amount saved.As of today, I'm just focusing on establishing the best systems to analyze the markets, find properties, get financing, make wise renovations, and manage my rental properties.
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25 January 2025 | 17 replies
The 90% they are paying you back is probably 1/3 of what they're actually making by you committing to a deal.
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24 January 2025 | 0 replies
Show Financial Stability- Proof of Income: Military pay provides a stable and reliable income source that banks value.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.
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27 January 2025 | 12 replies
@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.
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24 January 2025 | 5 replies
What should I do if my tenant isn't paying rent?""
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22 February 2025 | 13 replies
Feel free to take or leave my advice, but I think others will agree that, for now, you should focus on maximizing your savings rate, building your credit, paying off any owed debt, and house hack your first deal—just my two cents.
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23 January 2025 | 16 replies
Now if I pass that income as management fees to S-corp, I pay $3.5K (SE tax) + $800 (LLC fee) + $1700 (CPA + bookkeeping) = $6K in total.
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22 January 2025 | 10 replies
And you don’t have to pay it back when you sell, you do an exchange.