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Results (10,000+)
Arlette Seyossolo New Member from Allentown, PA
30 October 2024 | 7 replies
—will be key to success!!
Tyler Tomas Owned rental property. Need to rehab and refinance.
31 October 2024 | 8 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.
Natasha B. Advice and Motivation on ways to approach and achieve this goal?
31 October 2024 | 3 replies
The key is to take one action item every day, no matter how small.Write out 100 things you want to achieve this year, and then try to knock out at least 5 each week.
Sandra Feurtado Investing in Buffalo,New York
31 October 2024 | 9 replies
Labor costs are high in NYS so controlling your variable expenses is key.
Ricardo Polanco Termination of a tenant Lease
29 October 2024 | 8 replies
Besides termination, it may be a wise business decision to offer-Cash-For-Keys (CFK).
Vivian Butler Wholesale Newbie Here
25 October 2024 | 1 reply
This will help you become more confident and attractive as a potential partner.Remember, building relationships and trust takes time, so be patient and persistent.If you have any more specific questions or need further guidance, feel free to ask.
Yogev Lifchin Off-Market Google Ads Tip - Good Keywords vs. Bad Keywords
29 October 2024 | 0 replies
Believe it or not, I’ve seen many investor ads targeting these keywords, which have NOTHING TO DO WITH SELLERS.Targeting the wrong audience can hurt you in several ways:You’ll get impressions that won’t result in clicks, which will lower your CTR (Click-Through Rate)—a key metric for Google.You might actually get a click from a curious person who just wants to check it out.
Christy Kieschnick New to the world of Real Estate
29 October 2024 | 4 replies
—will be key to success!!
Greg O'Brien Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
The key in my mind is disconnecting a STR from a "rental property" for tax purposes.  5) Why does this Loophole Exist? 
Timothy Burns Rookie Landlord-1st time tenant Turnover how to handle
27 October 2024 | 4 replies
All keys shall be turned over to Landlord, your lease states 3 keys were given.