
27 December 2024 | 18 replies
Knowing what I know now, I will never contribute to Roth; I will only make pre-tax contributions, get maximum tax deductions, invest, and then be selective about which asset I want to convert (such as the one above).

28 December 2024 | 5 replies
The main factor is will rents cover the debt liability and can you sustain 3-4 months of no income to cover the debt?

3 January 2025 | 7 replies
If you use the Heloc option and decide to rent it out, don't forget that property (or you) will have to cover both your primary and secondary position notes.I don't personally see Marin being a great mid term market.

23 December 2024 | 5 replies
I don't think it existing back then, though.

4 January 2025 | 11 replies
Since you currently operate without an LLC and report rental income on Schedule E, the vehicle purchase might not seamlessly integrate into your existing tax structure.To leverage Section 179 deductions effectively, you may need to consider restructuring your rental property management operations.

1 January 2025 | 14 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

3 January 2025 | 26 replies
Unethical practices: There are reports of agents coaching buyers to avoid properties where commissions aren't pre-set by sellers.

3 January 2025 | 26 replies
Here are some key steps to get started with the BRRRR method:Keep Learning: Stick with reading and watching videos from experts like David Greene and Brandon Turner.Get Your Finances in Order: Save up for a down payment, check your credit score, and look into getting pre-approved for a loan.Research Markets: Find neighborhoods with growth potential and high rental demand.

29 December 2024 | 8 replies
In my opinion, the best agents, appraisers, home inspectors, contractors, lenders will utilize AI as a complement towards their existing businesses to spur greater growth and operational efficiencies.

1 January 2025 | 6 replies
I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue a school issue a crime issue etc etc..