Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
I understand it will be hard to match (if not impossible) the 10% yearly income and 5% appreciation of properties (those are my numbers).
Courtney Dettlinger
Should I use home equity loan & how
22 January 2025 | 1 reply
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.
Nicholas A.
How many markets to focus on at once?
22 January 2025 | 9 replies
There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.
Becca F.
Insurance to rebuild in your area after natural disasters and other thoughts
20 January 2025 | 0 replies
California owners, should we increase our coverage, which should result in higher premiums?
Diana T.
Poconos STR permits
18 January 2025 | 1 reply
As a result, I had to move forward with a septic replacement.
Don Konipol
How Large a Part of Your Total Assets is Real Estate?
23 January 2025 | 4 replies
Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!
Susan K.
Q on deferred salary to a Solo 401K
30 January 2025 | 4 replies
This results in a reduction of your FICA tax liability for the year.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
27 January 2025 | 8 replies
As a result, if you decide to setup an LLC I would recommend CA if you are a CA resident, operating LLC from CA, or own rentals in CA.
Deepak Malhotra
Fourplex in Georgetown, Texas, one of my worst deals
15 January 2025 | 8 replies
I will say the picture did not match your strategy of going to Austin.
Grant Shipman
7 Steps to Choose Your Property Type: Niche 2 Get Rich & Super-Niche 2 Get SuperRich
27 January 2025 | 0 replies
Real estate is vast—narrowing down your niche will help you achieve results faster.That’s it!