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17 January 2025 | 4 replies
He uses poorly thought through methods, I've listened to his "methods", Thus, he has the high amount of Due On Sale called in a short period of time.
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22 January 2025 | 10 replies
.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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5 February 2025 | 10 replies
Not to mention it will create generational wealth for your family if you keep scaling up with leverage over a 10 year period or so.
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21 January 2025 | 27 replies
I've seen many landlords that get lucky with good renters for a long period of time, then everything falls apart when they have to deal with real difficulty.I looked up your property on Google Maps, and the street view looks bad.
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25 January 2025 | 18 replies
We rotate locks through our rentals, with a period of non-use for each lock.
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16 January 2025 | 12 replies
I just meant to say that it's our next goal to build that up, having just gone on a spending spree on fixing up both properties in a short period of time.
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4 February 2025 | 31 replies
They did reach out and wanted a second builders deposit 3 days before xmas, 2023, and that was the first real contact I had with them over that year long time period.
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10 January 2025 | 6 replies
So before I transfer ownership back and start a seasoning period, I thought I would ask if there were any solutions I am not finding.
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28 January 2025 | 42 replies
Very informative, short period of time.
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30 December 2024 | 8 replies
This includes marijuana.If you decide that the apartment would meet your needs and wish to proceed with the application process, we would need copies of a month’s worth of your most recent pay stubs and photo ID for all applicants aged 18+ (I can scan at the viewing).