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19 January 2025 | 13 replies
It links to our business bank account and our business credit card so come tax time, deductions should be easier.
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23 January 2025 | 1 reply
On property number one, I would cash flow $750 a month after mortgage, taxes, and insurance if I also rent out the unit I live in.
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14 February 2025 | 43 replies
Then purchase a Note, generate $250 - $300/mo tax free!
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19 January 2025 | 61 replies
Most of my renters are nurses, engineers, and tax payer funded employees (Government workers).
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29 January 2025 | 9 replies
Sometimes condos/townhomes are better at attracting young working professionals given that they are usually in more densely populated areas and often will have amenities that come with the HOA like pools, gyms, etc.
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19 January 2025 | 18 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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18 January 2025 | 15 replies
Credit is a factor as bad credit may limit options, or may have the lender require you to put 10 or 20 years of taxes and insurance into escrow.
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20 January 2025 | 0 replies
The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.
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21 January 2025 | 19 replies
@Chris SeveneyI agree it is not the most professional website I have seen.