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.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
I will be at the mercy of them for the next year unfortunately, hopefully I have few maintenance issues, this will reduce the opportunities for them to up charge.
David Martoyan
Finding Undervalued Deals in Today’s Market
14 December 2024 | 2 replies
That kind of experience builds confidence and reduces risk over time.
Jack Gardner
2 Bedroom / 1 Bath Rent Prices in Northeast Minneapolis
15 December 2024 | 5 replies
You will likely need to sit on the unit for a long time or reduce initial rent below the market for that unit to rent during the Winter. account for this by either offering a Winter special that will increase to market in the Spring or doing a short lease that ends in the Summer.
Alex Proskourine
Selling half an acre of flat/tropical land near Mazatlan, Mexico. Gated Community.
12 December 2024 | 1 reply
We reduced the price already by a quarter and it's been posted since late August/.Any advice or experience in this would be appreciated.
Kevin Prasad
Seller Financing: need advice on how to pitch
9 December 2024 | 5 replies
What are some pros that I can highlight from the seller’s perspective.Here are a few that I’ve come up with:1) monthly income at a higher interest rate;2) avoiding a larger tax bill by reducing the purchase price (on paper);3) a promissory note that they could potentially sell down the road.Any other major ones I am missing?
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
Because the 8% is only on the principal that gets reduced each month and when that principal comes back in the door, its not getting reinvested immediately.
Colton Bridges
How to refi out of hard money loan/multi unit
21 December 2024 | 24 replies
The penalty can be reduced, but there's a fee (or you take a higher interest rate).
John Mucilli
Who is really successfully using DealMachine?
6 December 2024 | 34 replies
I can't image people are really using it on a large scale.Last night I decided to try the bulk upload tool for the first time, a list of about 400 leads, from an area 2 hours from me.
Rajagopalarao Paidi
How to avoid or minimize Agent costs
10 December 2024 | 17 replies
Flat Fee buyer agency to reduce acquisition costs (get ~2% of the sales price back), and flat fee MLS listing to reduce selling costs to ~$500.