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18 January 2025 | 6 replies
- The property is probably NOT as profitable as you think it is.More reality for you - how are you going to cashflow enough from leveraged rentals to replace your current income?
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8 February 2025 | 22 replies
And now after a year, the utilities are eating up my income.
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27 January 2025 | 35 replies
There is no current tax on rental income and capital gains.
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20 January 2025 | 57 replies
If you did not do a "wrap mortgage" or "mirror mortgage" to help them create "notes receivable income", they may need a cosigner to have enough income to qualify for their next mortgage.
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2 February 2025 | 20 replies
For me personally, our STR and our little inn provide more than half my family's income so I feel I have a fiduciary duty to my wife and kids to maximize that.
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27 January 2025 | 11 replies
Im doing it more for the love of learning the process and to make a side income.
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30 January 2025 | 62 replies
But the trick is they claim very little income or never file taxes at all .
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23 January 2025 | 10 replies
If you still want to rent out your other bedroom you can have a tenant in the opposite side AND a roommate which would give you two income streams.
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17 January 2025 | 20 replies
However, with a SFH you will lower your standards when vacancy arises more than one month as you have no income coming in to male that payment.
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16 January 2025 | 9 replies
I was interested in something like owning a rental property as a way to generate some additional income.