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16 December 2024 | 17 replies
So if I bought one for $7,500, and it probably needs a few thousand dollars of work (more than 1, less than 10).
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21 December 2024 | 20 replies
they look like they'll cash flow a few hundred dollars a month but then you have a rough tenant turnover, or a big capex item come up, and boom - your cash flow is gone for 5 or 10 years.here are two really good threads to read.Overleveraging, net worth, cash flow and headache factorBaltimore - a path to never-ending painhappy to help further.
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11 January 2025 | 67 replies
and you need to be ready for rough turnovers - potentially spending a couple thousand dollars every time a tenant leaves.
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19 December 2024 | 12 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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15 December 2024 | 18 replies
The rates are higher and points +++ plus prepay for a commercial loan or hard money loan.Loans closed in America are reported and stats are available as to who closed, how many, loan officer, dollar amount, loan type, location and more detail.
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13 December 2024 | 6 replies
You wouldn’t magically have access to hundreds of thousands of more dollars if your credit score was 20 points higher TLDR: You aren’t being harmed at all by being 780 instead of 800+.
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15 December 2024 | 2 replies
Payments can be made in either 3 separate payments or in paid full around the thousand dollar range.
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30 December 2024 | 103 replies
$90,000 profit per acre in current dollars.
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23 December 2024 | 34 replies
My criteria is a specific set of numbers with dollar signs in front, not percentages behind.
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19 December 2024 | 21 replies
You'll end up with a dog that you can't unload at the end of the day when you've dumped thousands of dollars into it with no positive return.