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8 January 2019 | 9 replies
Always challenge the property taxes.Cash flow is not the only benefit.Tenant is paying your mortgage and paying down your principleTax write off on property taxes and mortgage interestSome appreciation in property value but I do not count on it, it’s a bonus when it happens.
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28 December 2018 | 32 replies
A lot of banks have introductory rates for HELOCs that they use as a loss leader for the branch and you can shop around for the lowest rate or any bonuses they have because its the cheapest money you can borrow.Once you have that line of credit, rather than utilizing it as collateral for downpayments on leveraged properties, I would use it to leverage the strength of cash offers on distressed properties ideally to motivated sellers that allow you better access to good deals compared to those with financing contingencies.
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2 January 2019 | 6 replies
A few that come to mind:Since you say the second building is an added bonus, try to find more long term, higher paying tenants (but that should be a no-brainer).
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2 January 2019 | 8 replies
You will not get any credit for overtime pay, commission, or bonuses for the first 2 years at your employer so I would not recommend starting at a job where the majority of the pay comes from any of these sources.As for job history, Johnna mentioned 3 years work experience.
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2 January 2019 | 9 replies
The many added bonuses of course include that you'll avoid all kinds of tenant-related problems in the room and be able to address all sorts of suspicions, so your notice should read, "under 24-hour surveillance for your protection."
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21 March 2019 | 12 replies
Fire pits are a bonus as well, again be careful, there's a a number of potential issues that might exist (though I have one and people love it).
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7 January 2019 | 11 replies
We used any bonus or tax free funds from deployments and that went towards down payments.
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4 January 2019 | 0 replies
Hi All!I’ve got a brother currently under contract purchasing a foreclosure property in the small town we grew up in. The property is owned by Bank of America and has a fixer upper home in the front with a mobile home...
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4 January 2019 | 0 replies
You'd get a 10% profit of wholesale deals, and a cash bonus every month, and if you have a real estate license can also get referral fees for leads that generate listings.
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9 January 2019 | 1 reply
Rental Property Investing focuses only on rental properties and is a comprehensive overview of investing in that particular field.As for The Book on Tax Strategies, there are no current plans to revise the original book, but Amanda Han recently wrote a new bonus chapter (and a video!)