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30 December 2024 | 16 replies
Did a 125k upgrade to unit, but now need to make income.
8 February 2025 | 89 replies
Quote from @Chris Seveney: @Jay HinrichsWhen I looked into it - I viewed it more as those who teach infinite banking etc (note that is not what tardus does - they teach what they call income snowball)Similar to infinite banking - it’s a strategy and you pay to learn the strategy - but whatever you invest in is up to you.
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3 January 2025 | 4 replies
Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out?
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2 January 2025 | 4 replies
Affordability is no more that $4500 per month morthage/taxes insurance.
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30 December 2024 | 819 replies
@Allen Harris Yes.. there is that there is the cost of the tax return ( that can be cheap with one prop) but its still something like 1 months cash flow then the income tax is probably another month.. then add in a trip or two there and you have wiped out 4 to 6 months of cash flow compared to what you could do right at home. and Lord knows there are plenty of low end homes in Memphis that rival these..
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23 December 2024 | 20 replies
Quote from @V.G Jason: Organize taxes and eat better.
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11 January 2025 | 49 replies
This is because they're much more expensive than other countries in the region and, unlike in some other countries in the region Costa Rica doesn't have the mass tourism needed to get you the rental income that would justify those prices.This being said, it shouldn't be hard for you to break even though since all you'd need to do for that is cover your costs.
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5 January 2025 | 17 replies
Factor in carrying costs (utilities, taxes, insurance).2.
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31 December 2024 | 3 replies
Unlike a mortgage the interest on your loan will not be tax deductible.
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2 January 2025 | 3 replies
They’re fully renovated (or in good condition) and often come with tenants already in place, so you can start making rental income right away.