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1 February 2025 | 21 replies
Many of them become entitled and create problems, particularly for amateur landlords that don't know how to manage well.
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7 February 2025 | 7 replies
No good will that the former landlord created will transfer with the property.
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6 February 2025 | 7 replies
We cut that cost in half by training and certifying people on our team and it created a better experience overall.
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6 February 2025 | 8 replies
Delays only create bigger problems.3.Start simple—cash flow is king.
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6 February 2025 | 12 replies
*This post does not create a CPA-client relationship.
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21 January 2025 | 20 replies
Quote from @Carlos Ptriawan: Considering the current circumstances, what is stopping me if I create brokerage that is offering buyer agent only with flat fee of 5k-10k ?
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1 February 2025 | 0 replies
Nothing in this post should be construed as, or relied upon, as legal advice or as creating a CPA-client relationship.]
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30 January 2025 | 62 replies
This will create more costs.
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27 January 2025 | 35 replies
It’s surprising that fake reviews are allowed to remain unchecked on this platform.Question, If this post was a mistake, why is it left up to create confusion for potential investors?
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22 January 2025 | 1 reply
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.