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Results (10,000+)
Chris Mahoo Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Carlos Silva Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
There are also several funds out there that provide high single digit yields that are low risk. 
Penny Wilkinson Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
You may have an advantage since there is very low deal volume in your area, and may have multiple bidders.Good luckGino
Mark Beekman Where can my LLC get a HELOC?
9 January 2025 | 15 replies
I'm wondering if a BLOC could help to build my business credit.
Tuan Tran Section 8 Fort Wayne, IN
15 January 2025 | 7 replies
Rents have been pretty close to what the housing authorities advertise, sometimes even a bit higher.Fort Wayne’s a solid spot with low taxes and good cash flow—definitely worth looking into.
Stephanie Menard Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
After all rape is just the word of the victim that it was not consensual sex, breaking and entering, well the door was already broken, every theft, every credit card fraud, well the owner said I could. 
Robert Zajac Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.
Kristian Kotov What are the Options for My Client?
13 January 2025 | 6 replies
However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.
Marisela Arechiga To ADU or to Purchase Another?
14 January 2025 | 8 replies
Your estimate seems low, but even at that cost, it will not add that value.