
16 June 2024 | 27 replies
BRRRHouse Flipping:Pros: Immediate cash flow, creative satisfaction from renovating properties, quick turnaround.Cons: High capital gains taxes, significant overhead and carrying costs, market volatility risks.BRRR (Buy, Rehab, Rent, Refinance, Repeat):Pros: Long-term wealth building, rental income, potential for property appreciation, tax benefits through depreciation.Cons: Requires more upfront capital, managing rentals can be demanding, longer time to see returns.DSCR Loan and Investment PropertiesA DSCR (Debt Service Coverage Ratio) loan is a great option for investment properties because it focuses on the income generated by the property rather than your personal income.

13 June 2024 | 8 replies
This gives me authority to improve things to my benefit.

13 June 2024 | 3 replies
The cost & benefits or cons of it?

12 June 2024 | 14 replies
Similar to ride sharing and UBER, this technology is disruptive and can have profound effects if not closely monitored.

13 June 2024 | 3 replies
The optionee benefits by buying without having to qualify at a bank.

14 June 2024 | 13 replies
The best part of the book is his epilog where he writes a masterful and convincing argument for the benefits to the family and to society for housing stability.

13 June 2024 | 10 replies
@Katelin UhinckIf the commute is an issue you could buy a property that cashflows to go toward personal expenses and still have the long term benefits of having renters pay off the mortgage.

12 June 2024 | 1 reply
@Ashley DennisI think people should consider owning real estate personally (tax benefits) and inside of their retirement account.

12 June 2024 | 20 replies
He's a driver so also stays in hotels often and isn't at home as much as other people.One benefit of me renting to him is that I was going to leave most of my stuff in the unit to rent furnished and will grab what I am ready to take slowly.

13 June 2024 | 10 replies
This is going to be my first STR learning experience if I eventually decide to kick start this journey, instead of just doing the buy and hold LTR which has less tax benefits.