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Results (10,000+)
Rick Albert Joining St. Louis Real Estate Investors Association - OOS Investor
1 October 2024 | 4 replies
Hello All,As an out of state investor who owns a few properties in STL, does it make sense to join this association?
Robin Gravlin What a mess!! This is a whole new education of what NOT to do, and what to READ!!
4 October 2024 | 35 replies
Then on another sheet of paper put that number and what I need to do to comply with that contract clause.If it is something like scheduling security I would have vetted the companies before I signed the contract to get the costs which meant I may not have signed the contract if the money didn't make sense
Chris Villegas Hoping for Experienced Advice on Turning Over Tenants
30 September 2024 | 3 replies
(Whether this makes financial sense is probably a discussion for another post) Should I insist on meeting prospective tenants face to face before agreeing to lease to them?
Miguel Del Mazo MTR property management
1 October 2024 | 8 replies
We don't do any tenant placement fees, as they won't make sense with multiple new tenants each year. 
Alecia Loveless Heavy Equipment purchase?
30 September 2024 | 10 replies
Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs. 
Michael Dallas Young New Investor
2 October 2024 | 13 replies
Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
Greta Andrews Cash Value Life Insurance VS Self Directed IRA
2 October 2024 | 24 replies
@Greta Andrews Dave Ramsey a nationally respected financial expert , best selling author, and financial advisor calls whole life( cash value) insurance a con job orchestrated on novice investors by “ enthusiastic ignoramuses” masquerading as financial advisors.Borrowing money from yourself and paying interest on your own money is a non common sense approach to investing. 
Sanjeev Advani New California Law Requires Photo Documentation for Security Deposit Deductions
30 September 2024 | 6 replies
@Sanjeev AdvaniTo me this is a common sense law as good landlords already do this.
Brian Crumrine Time to start learning about STR...been winging it for 5 years.
1 October 2024 | 3 replies
Getting into dynamic pricing makes a lot of sense.
Alfredo Burgos Can I owner finance if I do not own the house?
1 October 2024 | 6 replies
A lease option makes much more sense.