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18 February 2025 | 19 replies
We see too many posters turn angry when they don’t receive the answer they want…….Here’s my bottom line.
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29 January 2025 | 22 replies
Here's some basic copy & paste info that may help you make better investing decisions:----------------------------------------------------------------------------------------------------------------Recommend 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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3 February 2025 | 25 replies
Conventional lenders typically require a 6-month seasoning period from purchase before they’ll consider the appraised value for a cash-out refinance.
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30 January 2025 | 19 replies
Looking forward to receiving direction and insight from a vast and amazing resource.
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7 February 2025 | 12 replies
This will make it a lot easier to manage, will cost you less than buying on the market and typically you can get 1:1 rent returns.
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7 February 2025 | 6 replies
•However, if your wife or her direct family members receive a financial benefit from the sale (e.g., inheritance distributions from the proceeds), the IRS may consider it a related-party transaction.3.Two-Year Holding Requirement•If the IRS deems this a related-party transaction, you’d need to hold the new property for at least two years before selling or exchanging it again to avoid disqualification.
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7 February 2025 | 41 replies
We are currently at a low affordability rate, which is typically a leading indicator of slowdown and price trend change.
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23 January 2025 | 10 replies
The lower the class area the higher the cashflow you should be receiving.
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3 February 2025 | 5 replies
Typically, most cities allow for 30 day minimum rentals.
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27 January 2025 | 4 replies
Many of them are posers - I smile and nod, knowing that their posing will make an impression on many who dream of quick wealth, and that their incredibly transparent bullsh** will eventually blow up in their face, leading to no lasting wealth and potentially major problems for themselves and everyone associated with them.Many of these students receive referral fees if they are able to sign up other people to the expensive ($5K+) coaching programs, masterminds, mentorships, or tribes.