Angel Romero
I've done a house hack - Looking to unlock 250K in equity to buy a 4 Plex
19 December 2024 | 3 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
This is the biggest decision of my life and I don't know what to do!
Jared Leggett
A bit of a Dilemma
18 December 2024 | 29 replies
Quote from @Jared Leggett: Quote from @Corey Conklin: I know that moving away from home isn't what anyone really wants to do but in your situation it would absolutely change your life, financially (and for the better) if you left.Again, I don't know your situation but I can tell you that a sanitation worker in a small town in Kansas (town of about 12,000 people) makes more money than you do living in NYC.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Have both a personal and REI emergency fund because life happens.
Radhika S.
Newbie & long distance
13 December 2024 | 35 replies
I’ve lived in Memphis my whole life, and I’ve been helping investors for decades, so I can tell you that this market is one of the best for out-of-state investors.
Ben Johnson
Rental Income only - HELOC (accessing equity in hard times) HELP!
15 December 2024 | 12 replies
You can give notice to one of the tenants, then move in and rent out rooms to further cut your living expenses.Yes, something I've considered but does require me to move from CA to TN, so big life change.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
But if you hold that thing for 10 years I don't see how your life is not completely different and people don't think your a genius for buying a middle of the road househack now.
Zach Harsh
Are Tyler Deveroux, Ryan Woolley, Multi Family Mindset a Scam?
13 December 2024 | 23 replies
I never got the whole "this will change your life" sales pitch - it is only going to change your life if you put the work in.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
Chris Olandese
New rental investor
16 December 2024 | 6 replies
Looking forward to learning from you all and of course becoming a millionaire real estate mogul and eventually President of the Universe.Welcome Chris: I’ve been a landlord for over 25 years now and I know some good local resources I use to make life easier too!