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3 February 2025 | 31 replies
I'm now figuring out how to maximize the return on current properties and add value, efficient ways to self manage, etc.
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5 February 2025 | 16 replies
.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?
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1 February 2025 | 1 reply
Quote from @Blake Winiecki: Figure out how much you want/need to earn, then reverse engineer it to see what options are available.
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21 February 2025 | 9 replies
For example, if you are in a 24% tax bracket and the house is valued at $200,000, your potential tax savings might be around $48,000 (24% of $200,000), but that's a rough estimate and assumes you're itemizing.It's always a good idea to consult a tax professional to ensure you're maximizing your deduction and following all the necessary procedures for your donation.
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14 January 2025 | 10 replies
I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.
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5 February 2025 | 5 replies
Big expense up front, additional expenses over the life of the lock, they can be too complicated for renters to figure out, and they don't solve all the problems a landlord may face.
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7 February 2025 | 10 replies
Focus will be your superpower - figure out which strategy you like best and double down on that!
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20 January 2025 | 23 replies
Quote from @Diandre Pierce: I have 7 rentals with a total available equity of roughly 800K.
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24 February 2025 | 6 replies
As you've figure out, there is no magic strategy to eliminate your tax bill.
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29 January 2025 | 7 replies
Looking to net 4 figures a month in cash flow with this unit - the goal is to close 7 more by the end of the year - let's see how it goes.