Jerry Daily
Buying another property to offset taxes
5 May 2024 | 5 replies
It can also get around state income tax too. The
Becca F.
Overleveraging, net worth, cash flow and headache factor
9 May 2024 | 159 replies
also since most of the advice in BP is coming from sell side, the return we got is the normal return hence why I am no longer interested.I am interested to gain abnormal return.my exerience- making 80k-100k per flip from 500k home is possible, only in CA- Out of state could be a good appreciation vehicle too- the wealth builder is created when we invest in expensive state only (CA/HI) with at least two properties- invest locally is thousand time better than investing outside because of the potential it creates- househacking and ADU is finance freedom LOLBut i develop a strong very atypical thesis also:- there' nothing passive about real estate investment- investing in syndication is more active than direct ownership- the risk of the unknown of unknown is the biggest issue in any real estate- at the end of the day, the probability of we as landlord is hitting problem with tenant/city is like 100% so be prepared- the difference between different type of real estate investment is the unknown factor and that's always the least discussed- strategy is always different depending on macro climate, if mney is cheap leveraging equity is the best, if money is expensive then buying debt is good option- don't chase best return but chase the most understood risk and capital preservation as a goal- not all RE investment has equal return/risk , syndication in multifamily for example is outsourcing all risk to investor while gp makes the most money lol- direct investment is always always better than indirect investment, except in certain asset class and extremely good sponsor that could find a noticeable return/risk reward.- donot follow the crowd, when everybody else is buying then it's good time to sell, vice versa LOL- if the math doesn't pencil, GTFO lol
Lina Emory
DSCR, Line of Credit or something I haven't thought of?
30 April 2024 | 7 replies
Would love more capital to keep expansion the other two sites too. The
Joshua S.
Velocity Banking / HELOC Checking Acct - It Works (Proof)
6 May 2024 | 76 replies
They should be leveraged TOO. The
Navid A.
Plumbing/sewer question on a fourplex regarding ejector pump/pit.
30 April 2024 | 9 replies
They did snake the pipe and baby wipes came out.
Peter Stackhouse
Off the cuff Condo Purchase.
29 April 2024 | 0 replies
Go over the mortgage numbers with a fine tooth comb.
Kai Sato-Franks
Dave Ramsey recommends buying everything with cash!
30 April 2024 | 140 replies
I really do like Dave Ramsey and I used his baby steps to get out of debt, build an emergency fund, and learn the basics of budgeting.
Qwee Parker
Stuck between a rock and hard place....help?
28 April 2024 | 10 replies
In October 2023, I had a baby.
Bret Kingcade
Should the tenant be billed for full carpet replacement?
28 April 2024 | 25 replies
If the carpet was a few years old before you moved in too, the cost should be depreciated a bit too.
Joseph Schweizer
My first investment property - An out of state deal
30 April 2024 | 99 replies
Any additional info would be very useful for my first baby steps.