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22 February 2025 | 11 replies
Rental property taxes can be tricky, but you have a few solid options:1.
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31 January 2025 | 27 replies
If these houses have stable long-term tenants, I share your concern.
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12 February 2025 | 0 replies
Economic progress is rarely a straight line, and the key takeaway is that while inflation is still present, it is not accelerating out of control.Much of the increase in prices can be attributed to factors that often occur at the start of the year.
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27 January 2025 | 35 replies
We have a strict policy of not deleting posts.
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15 February 2025 | 2 replies
I have some friends who have and have not looked back.
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18 February 2025 | 4 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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25 February 2025 | 4 replies
I think that matters more than absolute dollar amount and here's a theoretical example to show why:Let's say I have $200k to invest.
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26 January 2025 | 16 replies
@Makani Donaldson it all depends on your investment goals.If you buy a Class A rental, it'll usually have negative cashflow, which will be hopefully offset with appreciation and better tenants.If you buy a CLass C or D rental, it should have pretty good cashflow because you may not realize much in appreciation and you'll have a lot more problems finding good tenants.
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10 February 2025 | 1 reply
These are professionals with additional training and a stricter code of ethics.
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21 January 2025 | 6 replies
Quote from @Jacob Sallblad: Hey guys,first time posting here.