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17 December 2024 | 8 replies
I was hoping to get the property refinanced at a higher valuation after repairs and pay out any bridge loans that I had procured in the interim.
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19 December 2024 | 12 replies
You might be referring to income / expenses that are reflected by cash.Cash you receive from rentsExpenses that you pay out such as insurance, interest, taxes, etc.You may not have included depreciation expense which would bring your taxable income down further.It may be possible that the negative taxable income would bring your taxable income down.
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3 January 2025 | 45 replies
Many experienced investors adapt by targeting deals with slightly higher percentages up to 75-80% while carefully analyzing potential risks and margins.
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29 December 2024 | 16 replies
That should give you an idea of how much you can potentially charge.
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7 January 2025 | 16 replies
You have to decide what your time is worth to either take those 8 phone calls, or hire a PM - for us we would rather keep the $10,560 you could potentially pay for PM service in a year for the 4-plex and take the 8 phone calls (yes oversimplified - but you get the point!).
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26 December 2024 | 3 replies
This means you can double the rental income potential on eligible properties without navigating overly complex rezoning processes.
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24 December 2024 | 1 reply
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).
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26 December 2024 | 27 replies
It is a platform with a large user based which will help drive more potential viewers to your listing.
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23 December 2024 | 12 replies
If you discover one that sounds potentially relevant, and you have not explored it - see if you can still get hold of your accountant to ask.
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25 December 2024 | 4 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!