Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
Deepak Malhotra
3 bed 2 bath single family home buy and hold in Cheney WA (college town)
23 December 2024 | 0 replies
I also realized that I don't have to pay any utilities at all with single family homes.
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
We get a condo rental in Oceanside typically, and stay for 2 weeks.
Michael Lynch
HELOC In 3rd Lien Position Question
4 January 2025 | 5 replies
I purchased a home 2.5 years ago utilizing the New York First Homebuyers Club which gives you approximately 8k in grants if you meet certain criteria, which I did.
Sarah Allgood
VA Loan Assumption Opportunity - Clarksville, TN
6 January 2025 | 5 replies
The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022.
Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
Typically, you can only do one rollover per 12-month period (again, IRS Publication 969 has the details).In the end, having the option to invest your HSA funds is usually a better bet than letting them sit in a basic savings account.
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
Unless a different one would be better that you could suggest If you are house hacking you can utilize 3-10% down. 20%+ is great to put down but not always possible.
Shawn Questa
'Hi, wait, are you a Wholesaler or a Cash Buyer?'
15 January 2025 | 5 replies
typically anyone who says the following are not actual buyers:1.
Pearse Cafiero
New To Investing
31 December 2024 | 11 replies
If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.