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30 January 2025 | 7 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.
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20 January 2025 | 11 replies
if he performs a service for you, just pay him for it.
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31 January 2025 | 10 replies
One lesson I’ve learned so far is that patience and thorough due diligence always pay off, whether it’s with property acquisitions or selecting the right team to work with.I’d love to hear more about your journey and what areas of real estate you’re looking to focus on.
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26 February 2025 | 30 replies
The School of Hard Knocks is the best education, but if your company will pay for it, I would go with an MBA for future (non-RE) career development.
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18 February 2025 | 14 replies
The way I see it as a wholesaler is that my buyers are people who I am striving to buy one day so I pay close attention when they tell me something.
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18 January 2025 | 18 replies
Or paying off my debt, while I provide them with a nice house to live in instead of an apartment.
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10 February 2025 | 10 replies
For a 30 year Conventional loan, I'm at 6.5% rate (6.808% APR) for a duplex, 95% LTV, 780+ FICO, owner occupant.And I'm assuming they're paying $2k of your closing costs - not your down payment.
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21 January 2025 | 31 replies
They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.
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28 January 2025 | 12 replies
I can sell it at any time for a profit, so I'm hoping to let it run and pay for itself for a while before we make another decision on it.
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23 January 2025 | 10 replies
Hi Adam,The seller pays the seller commissions and (usually) covers the buyers commissions as well so you shouldn't worry about those fees.The 10% vs 20% I feel like is a personal opinion.