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4 February 2025 | 4 replies
I don’t have any horror stories but every time I go to run a check the cost has gone up.
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11 February 2025 | 29 replies
You’ll put 5% down but get 2% back on sale (which might pay for your closing costs) and then do a rent by the room to cover your expenses and downpayment for next year) Not sure which university you are at but both Henrietta and South Wedge are solid places to start (serving RIT and UR respectively) Good luck, I personally think Rochester is a great area to start due to constrained supply with a growing population
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7 February 2025 | 12 replies
Some even offer preferred interest rates as low as 5.75% at no cost to you.
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30 January 2025 | 8 replies
And that can cost you time and money.
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10 February 2025 | 2 replies
A bit pricey if you do only a few flips a year, but I'm going to give it a shot and seems if it's worth the monthly cost.
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2 February 2025 | 4 replies
You are only adding complications and costs with the LLC with no upside This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance.
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4 February 2025 | 11 replies
House hacking with an FHA loan is a great way to minimize living costs while building equity, or you could invest in an out-of-state rental for steady cash flow.
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25 January 2025 | 15 replies
Business in Japan in general, and just about everything, works in very different ways, but that's a whole 'nother topic.Click this link for info in investing in Japan
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3 February 2025 | 10 replies
More work, more time but you can take advantage of a nice cost segregation / bonus depreciationThis is the truth!
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3 February 2025 | 4 replies
If you do find that the costs to maintain the investment property are too substantial and you'd rather sell down the road, it would qualify for a 1031 exchange since the property was held for investment use.