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6 February 2025 | 10 replies
Real wealth is built over time with consistent effort, even when things are difficult.Increase earnings, reduce expenses, save, invest.
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2 February 2025 | 2 replies
Another of the houses I just bought is appraised at $250,000, they reduced the price to $225,000, and I put in an offer but they accepted a higher offer from another buyer for $197,000.
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29 January 2025 | 8 replies
Additionally, many states offer property tax exemptions, significantly reducing expenses.
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13 February 2025 | 13 replies
Hi EdwardThe main benefits of section 8 include guaranteed rent payments from the government, which can provide a steady income stream and reduce the risk of vacancies or non-payment.
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31 January 2025 | 1 reply
However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
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27 January 2025 | 0 replies
Builders can offer those crucial incentives, and the homes themselves often come with modern features and energy-efficient designs that make them even more appealing to buyers.Looking ahead, it’s clear that new-home sales will remain a bright spot in the housing market.
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7 February 2025 | 17 replies
I put 30% down to reduce risk and create more cash flow.
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13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
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25 January 2025 | 24 replies
You'd be a dang fool to waste your energy or effort's on ANY US standard rental more or less Sec8, are you kidding me?!
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20 February 2025 | 8 replies
This could reduce your taxable income in those years.Your decision depends on your long-term strategy.