
31 July 2024 | 46 replies
Worst case scenario, if things aren't great I can always sell and reinvest somewhere else.

29 July 2024 | 5 replies
My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.

30 July 2024 | 6 replies
Commonly, Sub 2 properties are depreciable.As to a heloc.

31 July 2024 | 9 replies
Smaller multi-family is significantly more common in the Northeast, Midwest, and Western cities who had their economic boom in the roaring 1920s-60s and thus, tons of high density zoning was developed across the country (but not the South).

28 July 2024 | 15 replies
Im currently in the car sales industry and doing okay but I know (or heard👨🏽) real wealth is made in real estate, i been intrested in real estate for a while now but always get held back by the time it takes to see ni...
31 July 2024 | 20 replies
It's always price, amenities, and/or location - assuming a base line level of common sense listing like professional photos, accurate description, etc.

29 July 2024 | 2 replies
I have noticed an interesting trend that's been more and more common since about 2018.

30 July 2024 | 8 replies
Mistakes in reporting sales of properties are common.

31 July 2024 | 20 replies
It is common in GP/LP deals the straddle or hurdle allows for the developers performance to earn him a better return.

1 August 2024 | 12 replies
Common Expenses2.