Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.
Yaroslav Shtogun
Lot split with house on the line
20 January 2025 | 16 replies
I heard that you would need to get neighborhood approval in addition to the city approval...
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
In addition, due to the 2 of 5 year rule there often is no need. 2) you cannot 1031 a property that has not been put into service to be an investment property 3) you cannot 1031 a flip.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
I've heard people in this forum suggest that you treat them all like animals.
Emily Shin
New in real estate
29 January 2025 | 22 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
I'm happy to answer any additional questions as best as I can.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
Quote from @Nick Am: @Michael Plaks--> The SE taxes are STRICTLY NOT in addition.
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
Isaiah, I would suggest starting out with doing some research on some of the available platforms like AirDNA.
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
29 January 2025 | 22 replies
Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.