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14 September 2024 | 16 replies
Not all are created equally obviously, but make sure you are on Airbnb/VRBO/Booking.com/Google/ and should have a direct link too.
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13 September 2024 | 0 replies
A 30-year fixed rate mortgage is currently sits around 6.15% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.
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13 September 2024 | 10 replies
You need to acquire one or more replacement properties that are equal to or greater than $275,000 (ish).The selling expenses, costs and fees are what they are.
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13 September 2024 | 5 replies
Most employers now direct-deposit, so you can also cross-verify the legitimacy of paystubs (are their payroll deposits equal to paystub income?).
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13 September 2024 | 12 replies
You likely answered your own question...rent - mortgage is not equal to cash flow.
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12 September 2024 | 7 replies
As long as your purchase price + rehab costs are equal to or less than fair market value then you're good to go!
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11 September 2024 | 2 replies
My assumptions based off research is I will be able to deduct 1/2 of all allowable expenses based off the ADU square footage (My understanding of that list below) 1/2 Mortgage Interest (Not principle) 1/2 Utilities 1/2 Property Taxes 1/2 Insurance (assuming I don't have separate ADU insurance) 1/2 general house maintenance (depending on the issue and if it's related to the ADU) 1/2 Depreciation (Home value, not land divided by 27.5) KEY QUESTION: If my mortgage (PITI) is $5400, and all of those ADU deductions equal $3800 monthly, and my ADU income is $1800 monthly, am I allowed to pay the difference in "deductions" from my real estate business income?
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11 September 2024 | 20 replies
Oh boy, another post about what amount of doors equals x amount per month
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12 September 2024 | 15 replies
More money into the deal better equal a higher ARV or listing price.
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10 September 2024 | 6 replies
We both want to be equally involved in the rehab as a team - up until he receives his money back after the refinance.