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19 February 2025 | 6 replies
Depending on what softwares you use they can usually pay for the background check themselves.
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31 January 2025 | 17 replies
If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.
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17 February 2025 | 5 replies
And you want the person you’re doing business with (your buyer or seller) to be someone you can rely on to work with you, not against you.This might seem like a silly word to use in the context of these very official business transactions, but I stand by it: You have to pay attention to vibe.You know when you’re not getting a good feeling from someone.
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17 February 2025 | 4 replies
I've avoided being an agent bc I don't want to pay all the fees and sell houses to get paid, but that was before I knew an investor specialized brokerage like this was a thing.
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18 February 2025 | 9 replies
@Jordyn Ohs pay off/down your Heloc aggressively and/or look into DSCR loans for future acquisitions.
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14 February 2025 | 1 reply
The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value) = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?
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9 February 2025 | 9 replies
Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.
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7 February 2025 | 2 replies
I pay for prop stream and love the amount of detail you can add into a search.
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18 February 2025 | 0 replies
While the deal is centered around wealth and asset management, real estate investors should be paying attention.