Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
B class will be basically break even maybe slightly positive cash flow on a good deal with your typical 20% down payment and financing the rest with todays interest rates.
Jaxin Pierce
Start Rent or Flip
2 January 2025 | 1 reply
if you need $200K for a project, no one is going to loan you $200K - you need a down payment, holding costs, and you need to know what you're doing or you'll just turn that $200K into $150K.good luck
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
If you pay two years' worth of property taxes in 2025 (January and December), both payments are deductible on your 2025 return, potentially reducing your taxable rental income significantly.
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
I've been able to afford my payments so far without much issue.
Elisabeth Hansel
Diligent and Determined Rookie!
10 January 2025 | 6 replies
My price range is between 250 - 350k (less would be better, but if more than I would have to be mindful with the interest or down payment %).
John McKee
Looking back on 2024
3 January 2025 | 7 replies
We paid $1.775 million for the notes, worked out a modification with the borrower, and received the first 5 monthly payments relatively on time.
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
I'm glad to know you received your January payment.
Owen Reeter
College Student Beginner
6 January 2025 | 3 replies
In the meantime, focus on building your credit, saving for a down payment, and soaking up as much knowledge as you can.
Jorge Abreu
Expectation Alignment 101: Nurturing a Fruitful Investment Partnership
26 December 2024 | 1 reply
Aligning expectations with investors is such a critical part of building trust and ensuring long-term success.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
I would stay long enough for the 2 years so you quaify nothing is going to happen in the next year or so.. that tax free money is the best thing we have going in the US in my mind. then U could buy some very safe first trust deeds and make 4 to 6K a month NET NET NET without any of the TTTs..