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15 December 2024 | 18 replies
I'm glad I found this thread; I was looking for a community of Latino investors a while back and couldn't find one so I created my own.
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19 December 2024 | 13 replies
Actually, it is the President who drives tax policy. there has never been a major tax bill that was not initiated and supported by the President that I can recall.
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12 December 2024 | 6 replies
However, some DSCR lenders can support a refinance in under 6 months, which can help speed things up.
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23 December 2024 | 12 replies
@Michael Plaks, thanks for sharing that great knowledge with all of us here in the BP Community.
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18 December 2024 | 23 replies
Hello, I've been tossing this idea around and doing the math and would love the communities thoughts - Theoretically, let's say your annual income would allow you to save $100K a year.
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18 December 2024 | 12 replies
There are also facebook groups for various cities/states/communities where you can place and promote your listing.Happy to help answer any other specific questions!
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13 December 2024 | 35 replies
@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.
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18 December 2024 | 15 replies
Not saying I agree, just saying it makes sense.I totally support that, but taxing 5k on 200k rental property is very discouraging.