Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
30 January 2025 | 40 replies
So you feel like you get plenty of money from your not paid off rentals that allow you to quit your full Having enough cash flow to quit your job isn't a requirement to qualify for cash flow.If you have to have a paid off property to get positive cf, does that mean I have to give back all my positive cf while I had mortgages on a property?
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
30 January 2025 | 7 replies
Always recommend doing a soft-pull especially since not sure exactly when you'd find a property but you can get qualified and get some estimates.
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Hi @Ben Lindquist, The 1031 Exchange Qualified Intermediary is a crucial part of any successful 1031 Exchange transaction.
Kyle Knudsen
1031 Exchange to build ADU on family owned property
7 January 2025 | 3 replies
Improvements on property you own do not qualify.2.
Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
This lets your HSA grow, and since qualified withdrawals are tax-free, putting more aggressive investments in an HSA can pay off in the long run (similar to the “put your risk in Roth” idea).4.Rollovers & Debit CardsMost brokerage HSAs come with a debit card, so spending isn’t too hard if you ever need to.
Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
15 January 2025 | 2 replies
The National Association of Realtors.That said, I will not be signing an Exclusive Right to Represent as an established real estate investor, and I’m honestly a little annoyed to be asked.I also realize this may qualify for Reddit’s AITAH channel.
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Kristian Kotov
New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
@Victor Yang To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
If you have your own business/self-employed you might qualify for a Solo 401(k) or multi-participant 401k whereby you can self-direct into real estate with those funds.