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4 February 2025 | 12 replies
Renting could allow you to focus on paying down debt and saving for a larger down payment, while buying now could help you start building equity or even generate passive income through house hacking.
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9 February 2025 | 9 replies
Flipping houses is a great way to create huge profits, raise private money and create marketing content around your remodels (the reason HGTV is HGTV).
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1 February 2025 | 2 replies
We have grossed $300k in revenue over the first 12 months of operation, at a ~50% profit margin.
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13 February 2025 | 18 replies
One book I highly recommend is “Buy It, Rent It, Profit” by Bryan Chavis—it’s a great read for investors looking to build long-term wealth.Best of luck with your real estate journey!
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3 February 2025 | 2 replies
Now that's flipped, which makes profitability on a simple rental much harder.
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13 February 2025 | 7 replies
The profits that I make from selling the primary property, will be used to pay off my primary residence
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31 January 2025 | 20 replies
It seems that this risks the posts getting more attention than if they posted a simple, professional, response.2) We are in no position to verify the truth or falsity of the posts on this thread, and are not responsible for user-generated content.
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19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.
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18 February 2025 | 35 replies
I assume because the profit wasn’t that good and hard to get loans.
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13 February 2025 | 6 replies
They have a great bearing on your profitability, but they don't affect the rent.