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6 February 2025 | 5 replies
$40,000 x 25%(assuming a 25% interest rate on credit cards) = $10,000This is more than the annual cash-flow that you are getting from the rental.I would look at a way to paying off the credit card debt asap.Look to see if you can take a HELOC on the investment property(likely difficult).If you can't you may want to consider selling the proprety.You will also feel a lot of relief of not having credit card debt hanging over you.What is the interest rate on the car loan?
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31 January 2025 | 10 replies
I’m drawn to real estate not just for financial freedom but to build a legacy for my family while contributing positively to communities.
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30 January 2025 | 5 replies
The city’s robust economic growth and steady population influx continue to drive strong rental demand, making it an ideal choice for long-term investment success.Best of luck!
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13 January 2025 | 3 replies
Congrats on achieving a comfortable financial situation.Condos are actually riskier than single family rentals.
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5 February 2025 | 2 replies
Hello All, I am looking for a Real Analyst Position at a REIT or any real estate investing company.
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27 January 2025 | 35 replies
Dubai is considered one of the safest places to invest.
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3 February 2025 | 4 replies
If you do find that the costs to maintain the investment property are too substantial and you'd rather sell down the road, it would qualify for a 1031 exchange since the property was held for investment use.
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27 January 2025 | 10 replies
I have been investing here for years and I focus on the BRRRR strategy.
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5 February 2025 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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6 February 2025 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.