Kristi Wolfe
19 years old - getting a loan with roommates
1 January 2025 | 4 replies
If he opts for a townhouse, a low HOA fee will help his buying power It gets tricky using lease agreement income when purchasing a house so I do not think that idea will work.
Kristi Kandel
Resources to Help LA Communities & Families Rebuild After Wildfires
13 January 2025 | 4 replies
Ideally LADWP will prioritize the infrastructure repairs and new service requests to these properties as getting power service in LA can be 6-24 months without project prioritization.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Leverage and invest at 40x $100 000 properties ($20k down + $5k closing cost, 30 yeas fix rate loan) with a return of 10% where you have better asset protection (my keeping lower equity and higher bank position), you are hedge against inflation (agree with me, in 30 years $1 000 000 purchasing power will be less compare than $1 000 000 today) Here is how looks mathematically:1. 10% on $1 000 000 (10x $100 000) = $100 000 / annually - No interest tax deduction- No loan paydown benefit2. 10% on 1 000 000 (40x $100 000) = $400 000 / annually - debt service + full tax benefits+ loan pay down+ hedge against inflation for 30 years+ better asset protection (by maintaining lower equity position) + (not guaranteed of course) if appreciation happens, it happens on the all full asset amount, example:If appreciate 10%:In case "1" you will have 10% on $1 000 000 = $1 100 000In case "2" you will have 10% on all 40x properties (40x $100 000 = 4 000 000) = $1 400 000As far as cash flow, as long you buy "right" CAP 8% and higher you will have stronger cash flow on leveraged asset + all additional benefits.
Abby Blumenfeld
Started my own property management company
30 December 2024 | 5 replies
Building this company with my family has taught me the power of collaboration and the importance of playing to each other’s strengths.
Peter Neill
From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
27 January 2025 | 6 replies
(I also experienced the power of learn by doing buying my 1st investment property, more on that to come.)The Investor Relations Department is Born During my time working with the students and selling performing and non-performing notes, people started asking a lot about the company’s fund opportunities.
Danae Pitcher
2025 - Where We Are Going & Where We Have Been
2 January 2025 | 7 replies
More big name companies will join the STR industry and hosts who are not exceeding expectation will be weeded out by their money power.
Rob U.
Flipping homes on land leases
1 January 2025 | 5 replies
Antelope Ridge off Powers and Barnes.
Karma Abdula
My First Flip: Fixer-Upper Tested My Sanity (and My Wallet)
31 December 2024 | 0 replies
From a leaky roof to a backyard jungle, it was a crash course in problem-solving and patience.I bought it for $145,000, powered through the chaos with a hard money loan, and sold it for $180,000.
Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.