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14 January 2025 | 15 replies
Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these .
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22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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13 January 2025 | 16 replies
Zillow says its worth $240,000, which I think is low, and would rent for over $2,000.
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23 February 2025 | 246 replies
I can though pick out a disgruntled low level Employee though or a Shill/Troll.
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23 January 2025 | 7 replies
I don't think enough people consider this aspect.Selling Stock: Selling part of your portfolio could work, but the 15% capital gains tax might make this an expensive choice unless the stock has underperformed or you’re diversifying away from riskier investments.HELOC: Using a HELOC on an existing property is a flexible and relatively low-cost option.
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16 January 2025 | 10 replies
Perhaps reach out to local agents who work with a lot of buyers in your market and see if any of them need a place to rent while they house shop (inventory is still low).
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16 January 2025 | 4 replies
I've seen some as low as 6k and as much as 14k annually.
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4 January 2025 | 9 replies
A duplex strategy is a low-risk entry, saving on living expenses.
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10 February 2025 | 16 replies
It certainly seems like it would have really low "yes" responses, but it only takes one.
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21 January 2025 | 10 replies
That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.