
25 December 2024 | 2 replies
but, it's not going to be "profitable" for several years, depending on how you define profit.you'll have a down payment, then closing costs - which new investors always seem to be shocked by - then potentially some costs to get a property rent ready, then you'll pay a month's rent to get it listed and rented out, then you'll likely have some repairs after the tenant moves in.

23 December 2024 | 7 replies
One of my recent failures was underestimating the importance of clarity in conversations with potential investors.

23 December 2024 | 3 replies
So, you could potentially avoid paying income tax on all profits!

26 December 2024 | 13 replies
You'll have the same potential upside range wherever you do it - 10-40% are probably the outside ranges.

30 December 2024 | 819 replies
It's helpful to other potential buyers.

11 January 2025 | 420 replies
As you pay expenses for the month, the HELOC balance gradually increases until you effectively have the same principal balance on this HELOC combined with the Mortgage as you would have with the mortgage with an accelerated payment.The picture attached shows the comparison and how the HELOC method averages out a lower average debt level resulting in lower interest.That said, the total savings and ability to pay off the mortgage faster is minor compared to potential HELOC fees and risks, so I don't see it being worth it.I am also new to this, and would love for a critique to show me where this might be wrong.I would share the excel model, but I am not sure how to do that.Thanks!

23 December 2024 | 15 replies
Investors love to take advantage of this strategy to expand their RE portfolio and have better appreciation potential.

20 December 2024 | 9 replies
Paying $700 a month out of pocket isn’t too bad considering you’re in a great area with high growth potential.

27 December 2024 | 27 replies
Regina, my sister is currently stationed in Cleveland (coast guard), what are some good areas for her to scout for potential investment?

21 December 2024 | 1 reply
Our seamless financing approach ensured a swift transaction, facilitating a same-day resale and maximizing profit potential.