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21 January 2025 | 31 replies
I had to have Anderson re-do one of my LLC's from the other guys to save me money in annual state fees ..I look at it this way, as long as my business/investment income covers the costs I don't have a problem paying for reliable - worry free information and work.
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16 January 2025 | 11 replies
The appeal of having a second source of income is very appealing and I would like to be able to build wealth outside of my W2 job.
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11 January 2025 | 4 replies
Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.
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9 January 2025 | 5 replies
It does not include the rent income, just the appreciation, it is about 11%.
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9 January 2025 | 30 replies
Despite having generous incomes, some of them are utterly irresponsible with the property and leave a disaster behind when they move.
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16 January 2025 | 1 reply
A $500k property should produce gross annual income of +/- $50K but can generate as much as $65-70k with the right location and amenities like a hot tub.
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14 January 2025 | 19 replies
I guess I learned about Key Check, I was not super impressed, but it worked for the basics - it did not deliver income info, which I usually want to see.
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9 January 2025 | 5 replies
To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.
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8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
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11 January 2025 | 2 replies
They are often located in lower-income neighborhoods and may need maintenance or renovations.