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20 November 2018 | 4 replies
i've had a really difficult time grasping why condos are a bad option for buy-and-hold investments. that's the feeling i've been getting from the forums - and even the Rental Calculator; it doesn't have an option for Condos... maybe i'm being too literal.for example, if i buy a multifamily, i have to maintain the entire building and landscaping around it. if i choose to outsource the maintenance, i pay the premium for that.if i buy a SFH, same deal as above.if i buy a condo, i pay an HOA which, of course takes a bite out of my bottom line as well. i've read that condo associatons can be a mess and special assessments could happen - but of course i would do my own due diligence to research this ahead of time. nobody can always predict all possible issues.however, the same can happen with a MF or SFH... a roof can go bad. siding. windows... etc. - capital expenditures happen.so... how is this different than these potential issues with a condo?
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26 November 2018 | 18 replies
I do read alot and attend REI seminars and grasp knowledge everywhere i can so i do realize the tremendous amount of knowledge and confidence required to make an investment of that magnitude being a newbie.
25 November 2018 | 2 replies
When I grasped the idea that the average man was able to become financially independent my years of skating by through some of the best public schools, a UC and a CSU for Graduate school that brought along with it a diminished love if not hatred towards reading and learning all of a sudden stopped, and the desire and understanding that knowledge is power, what you don't know costs ya and ignorance is expensive hit me like a bag a bricks.
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28 November 2018 | 21 replies
If under a year then it would fall into the regular income tax brackets which would be 24% in my case plus PA 3.07% Did I grasp this right?
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29 November 2018 | 5 replies
Talk to them and really get a grasp of what it is like.
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30 November 2018 | 1 reply
This is an easy concept to grasp: you will owe them.
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30 November 2018 | 1 reply
While bank deposits outpacing debt is an easy indicator to follow, I don't fully grasp how having home equity is an indicator as to why one shouldn't worry about the rise of consumer debt?
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24 March 2019 | 15 replies
Many people can not grasp that concept and eventually get analysis paralysis and do not pull the trigger.
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12 June 2019 | 6 replies
Okay, so I feel like I am beginning to get a grasp on the scope of professionals I will need to be connected with before I really dive into my first deal.
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20 March 2019 | 8 replies
Ok, I have browsed the internet, asked real estate professionals, and dug through my real estate investing books but I still cannot fully grasp the concept of seller financing from the position of a buyer looking to invest in a rental.