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19 February 2025 | 7 replies
What is the price of the tax lien.
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24 January 2025 | 6 replies
This can give you more confidence regarding moving forward or not.
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27 January 2025 | 7 replies
Move on.If they say, "maybe" or have lots of questions about the details, then move forward and pursue.#3 TRUST.
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21 February 2025 | 4 replies
@Matt RollinsSince your goal is to replace your W2 income through real estate within 10 years, starting with a house hack is a smart move, but Utah’s high prices may make it challenging to cash flow.
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24 January 2025 | 37 replies
In fact the demand is stronger than I've ever seen it, though prices are high.
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30 January 2025 | 34 replies
Forward to 2023, the tenant is unfortunately moving out.
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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.
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3 February 2025 | 0 replies
Purchase price: $275,000 Second investment property purchased in 2021.
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8 February 2025 | 10 replies
THEN I contact the agent and ask for concessions if I feel the needed repairs or costs go excessively above and beyond the price I’ve already negotiated.
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21 January 2025 | 5 replies
🚀Looking forward to connecting with you all!