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18 January 2025 | 9 replies
I'd estimate your cash flow after you pay the loan payment would be $600-$800, which a lender that understands investment real estate should give you some credit for on your DTI.As for a bank, I have a specific lender at NBI that I would recommend.
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29 January 2025 | 27 replies
What specifically are you wanting to learn?
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14 January 2025 | 9 replies
We appreciate your support and understanding during this challenging time.A medical note attached simply says "1 year leave from school for medical reasons"Please advise on what is the best recourse in handling a situation like this?
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13 January 2025 | 30 replies
Met the tenant and advised I'll be raising the rent to $850 if she wanted to stay.
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14 February 2025 | 43 replies
On the specifics of this 700 a month program.. its small money and if you get inspiration from it then by all means.. but so many ( not saying you of course) will go into credit card debt for this stuff.. that's no beuno ..
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23 January 2025 | 26 replies
Hey Allen, When you approach the finance people, are you being specific in your request?
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17 January 2025 | 2 replies
There are a lot of site-specific issues you need to investigate before deciding what the land is worth to you.
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19 January 2025 | 55 replies
They were general questions, not specific to my account but extremely helpful.
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14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
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15 January 2025 | 3 replies
You need to provide a bit more specifics about the property, about the insights you want, etc.