Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
Using your $100K example, the 6% seller assist is far more valuable to this buyer than merely reducing the purchase price by $6K because the 6% seller assist is a $6,000 reduction in funds required to close whereas reducing the purchase price by $6K equates to less than a $200 savings (2.5% down payment + some incidentals).
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
Try to reduce the number of problems you can think of to a manageable level, or instead of a 5 bedroom place maybe go a little smaller with a 4 or 3 bedroom that is generally more manageable and not pack people in like sardines.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
But it’s clear you’re a smart investor who knows the long-term benefits real estate can bring.I keep reminding myself why I stick with real estate: you can make money every month in four different ways:Cash Flow – Passive income to live on.Appreciation – Long-term property value growth.Depreciation – Tax benefits that reduce your taxable income.Tenants Paying Down the Mortgage – Even if you’re paid off now, this is one of the biggest wealth-building tools for leveraged properties.It sounds like your main struggle is the stress of active management—and trust me, you’re not alone.
Spencer Manning
Section 8 (HCV): Do government funds ever run out? And other questions.
13 December 2024 | 5 replies
If funds for the program are reduced or eliminated it would create a national housing crisis, so generally it just gets carried at about the same level each year.Yes, local governments run out of funds which is why they close their lists or the wait time is very long.
Elise Bickel Tauber
The TRUE cost of renewals and how to save yourself thousands!
3 December 2024 | 0 replies
If not, then serve the non-renewal and prepare to turn the unit as efficiently as possible to reduce costs and vacancy.
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
17 December 2024 | 20 replies
A cash purchase, added to my portfolio, reduces my levergage ratio on my real estate portfolio, but does not bring it to zero of course as I am not paying off existing low rate mortgages on rentals.
Paul Cijunelis
Started a new PM!
5 December 2024 | 4 replies
It reduces the “bouncing ball” effect of tasks being passed between departments.
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
This streamlines operations, reduces administrative burdens, and retains liability protection.
Bao Vu
Question regarding Tax on a Flip
12 December 2024 | 10 replies
@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.
Renee Coss
Should I convert my garage into ADU for a Short Term Rental?
11 December 2024 | 14 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.