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16 January 2025 | 17 replies
You can get the "owners of multiple properties" list in DealMachine, and also DealMachine has pierced the corporate veil!
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6 February 2025 | 1 reply
However, this would force them to move out, lose their current rental income, and have to pay rent off their limited salary. 3.
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24 February 2025 | 0 replies
The dream for me is to eventually free up my time and have enough income from real estate to be able to pay for my music projects, travel, etc.
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10 February 2025 | 8 replies
Since you said you don’t really need the cashflow because you are sitting on huge reserves do the math based on income instead of cashflow.
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9 February 2025 | 3 replies
You live in one room, rent out the others, and pay your expenses with the income.
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21 February 2025 | 7 replies
The properties do not have to cash flow a significant amount (although I wouldn’t hate that) they just have to sustain themselves as we have three incomes between us and not looking to quit our W2’s to live off cash flow.
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10 February 2025 | 12 replies
@Rosette PooleRecommend 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 property in Class D area to Class A standards, what quality of tenant will you get?
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15 February 2025 | 11 replies
They have come to me about buying the home but I have a collection account about to fall off my credit in a few months so I am not sure I would qualify (in addition to my income may not be high enough).Are there any workarounds to maybe purchasing the home?
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10 February 2025 | 7 replies
Depending on her income level, she may be able to write off a portion against her income.
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12 February 2025 | 8 replies
@Stan MendozaRecommend 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 property in Class D area to Class A standards, what quality of tenant will you get?