Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
I've owned this house for 2 years.The Costa Rica attorney I've been using says that I need to get another Power of Attorney and is quoting me $600 to do the paperwork for a power of attorney.The price seems steep and I'm not certain when I need a new power of attorney when I paid for one last year.
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
If someone made $50K assigning my elderly parents or grandparents home to an investor in a subject-to deal, and that investor ruined their credit by not making payments, I would do everything in my power to go after that investor, AND the wholesaler, and I would make both their lives a living hell to the best of my abilities.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
A coaching program is a partnership, and your success depends on your willingness to take action.Final ThoughtsA coaching program can be a powerful tool for accelerating your real estate investing journey.
Rene Hosman
Ask a MTR professional! Author of 30-Day Stay answers your questions
18 January 2025 | 16 replies
After doing research on the market (see above noted indicators) and creating an investor deck (mainly to prove to myself as the main capital provider.
Tre DeBraga
FHA 203K Loan
28 January 2025 | 5 replies
The main differences (besides rates/underwriting guidelines) is what you can include in your renovation costs.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Leverage and invest at 40x $100 000 properties ($20k down + $5k closing cost, 30 yeas fix rate loan) with a return of 10% where you have better asset protection (my keeping lower equity and higher bank position), you are hedge against inflation (agree with me, in 30 years $1 000 000 purchasing power will be less compare than $1 000 000 today) Here is how looks mathematically:1. 10% on $1 000 000 (10x $100 000) = $100 000 / annually - No interest tax deduction- No loan paydown benefit2. 10% on 1 000 000 (40x $100 000) = $400 000 / annually - debt service + full tax benefits+ loan pay down+ hedge against inflation for 30 years+ better asset protection (by maintaining lower equity position) + (not guaranteed of course) if appreciation happens, it happens on the all full asset amount, example:If appreciate 10%:In case "1" you will have 10% on $1 000 000 = $1 100 000In case "2" you will have 10% on all 40x properties (40x $100 000 = 4 000 000) = $1 400 000As far as cash flow, as long you buy "right" CAP 8% and higher you will have stronger cash flow on leveraged asset + all additional benefits.
Erik Sanders
Mentorship groups/investment clubs for beginners
22 January 2025 | 2 replies
The other main way I did it was by just telling people that I invest and kind of just talking about it all the time.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.
Josh Dickson
How to reduce the maximum amount of income tax for a wealthy individual.
30 January 2025 | 6 replies
I thought there was a chance that one could use real estate to directly lower their main source of taxable income (such as a w2).
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
The main reason I ask is because that is significantly below primary residence mortgage rates let alone any investment loans, if you can get rates like that I might need to make some changes on my end hahahTo answer your original question, assuming all else is equal long-term fixed rate debt is valuable.