Shawn Callan
How am I supposed to buy a 2nd house!
4 December 2024 | 17 replies
So this is actually fairly straightforward... 99% of houses don't make good rental properties - your original primary will not make a good rental. $2900 (mortgage payment) - $2500 (projected rent) = -$400 (monthly cashflow).
Thomas F Blaskey
1031 vs Gift vs Sale
26 November 2024 | 3 replies
@Thomas F Blaskey If your gain after expenses is minimal (~$15K), selling outright is straightforward, with modest taxes on the gain (15%) and depreciation recapture (25%).
Luc Brieger
Entry Into Wholesaling
26 November 2024 | 9 replies
Let it roll off and move forward with purpose.Now, Here’s Some Logical Advice:Wholesaling is straightforward, and competition won’t be an issue if you do it the right way.If you’re cold calling, sending mailers, and doing what everyone else is doing, then yes—you’ll face challenges.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
If you're after a straightforward start to investing, you might appreciate checking out some quick guides here on the topic for more insights.
Megan Alan
House Hack Newbie in Oregon
26 November 2024 | 18 replies
The math is fairly straightforward for low down buyers!
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Keep in mind the keyword here is "quickest."
Orane Jacobs
Midterm Rental arbitrage
27 November 2024 | 16 replies
Pre-internet, being a landlord wasn't easy, but it was straightforward (this is a gross oversimplification).
Rod Merriweather
Trying to Scale- Lending Help Needed
26 November 2024 | 17 replies
Feels like the most straightforward plan to get from point A to point B and sometimes it pays to KISSAcknowledging that I don't know all the numbers you are working with, but if each deal costs an extra $3k-$5k, but because of the efficiency of DSCR loans and the ability to ignore your DTI, you could maybe squeeze an extra deal or two a year in?
Pat Arneson
Turning on Utilities
21 November 2024 | 3 replies
My straight forward thinking is, when water is turned on (slowly) I’ll pressurize all plumbing then open and clear out faucets, etc.
Marc Shin
Best way to save receipts for REI?
20 November 2024 | 9 replies
It depends on the scale of your portfolio but if you have a couple properties and they’re all straightforward, I think google drive is fine.