
10 October 2024 | 9 replies
With cash, you keep more of your return and maintain a simpler cost structure.Greater Flexibility: When you own a property outright, you’re not bound by monthly payments or lender-imposed deadlines.

8 October 2024 | 11 replies
My CPA put that as loss in my tax return and carried it over.Next year they sold the property for a gain of 32K.

7 October 2024 | 9 replies
Going to the next level the difference in rate of return from appreciation at 80% LTV vs 0% LTV is 5x.

8 October 2024 | 6 replies
I was told by my insurance agent that a % of loss of revenue can only be covered by insurance until the property damage is fixed, which could pre-date the return of essential utilities.

7 October 2024 | 2 replies
The benefit to the seller is that they get 0% down deals with lower than average interest rates for commercial deals (Seller carrying 25-50% note at negotiated 0% interest) and have theoretically infinite returns with 0% down.

7 October 2024 | 3 replies
They will need to file a partnership tax return, and each owner will receive a K-1, which will include their individual SSN.

8 October 2024 | 3 replies
You could see how the returns are “not good”.

7 October 2024 | 2 replies
., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

8 October 2024 | 36 replies
I think right now there’s a lot of greedy sellers who just think the sky is the limit and don’t care that their buyers need a return on their money.

9 October 2024 | 10 replies
If you have 200k in equity and you are cash flowing 14k per year, that is a 7% return on equity.