
23 January 2025 | 26 replies
If you have a 10% interest rate on a car loan, then paying that off would give you a risk free 10% rate of return.

22 January 2025 | 11 replies
I am using the tax benefit along with the principal pay down and appreciation to offset.
17 January 2025 | 6 replies
He was pay ed to install a AC unit in my home and disappeared he refuse to answer the phone calls texted massages he stole my money and won't respond

18 January 2025 | 1 reply
For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.

24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

20 January 2025 | 5 replies
No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

23 January 2025 | 16 replies
To answer your question @John Thedford, PPR's current fund pays 12%.

22 January 2025 | 1 reply
One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.

15 January 2025 | 8 replies
It's likely they’re using this as an excuse to avoid paying rent, and there’s a good chance they didn’t pay the previous manager either.

16 January 2025 | 6 replies
If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.