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13 November 2024 | 6 replies
I agree with other responses here, and to piggyback on them it seems everyone plans to 'own forever' when they sign a 30 year lease or finance term, and then things change (job, relationship, life events, etc) and folks try to sell the property with 25-28 years left.Banks do not look at power bills when determining DTI, but they will look at a solar loan/lease.
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14 November 2024 | 3 replies
Makes sense.Update - so we went to do the inspection and the power was off.
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14 November 2024 | 12 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.I just gave a list of my recommended reading to another poster, but will happily post it here again.Personally, my short list of books to explore:Set For Life by @Scott TrenchRich Dad Poor Dad by Robert KiyosakiABCs of Real Estate Investing by Ken McElroyABCs of Buying Rental Property by Ken McElroyLoopholes of Real Estate by Garrett Sutton, EsqTax-Free Wealth by Tom Wheelwright, CPAThe Power of Zero by David McKnightREIT Investing for Beginners by Lawrence SmithWhat Would the Rockefellers Do?
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13 November 2024 | 7 replies
Louis, consider specialty providers like Powers Insurance, St.
13 November 2024 | 5 replies
Water and sewage main laterals are all at the street running perpendicular to the lots, Power/Internet lines as well.
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15 November 2024 | 18 replies
Real estate's super-power is not cash flow, its long term wealth.
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18 November 2024 | 47 replies
Let's jump right in.The Power of Short-Term Rental Tax Strategy:Short-term rentals offer a unique opportunity to offset your W2 income with real estate losses, thanks to an increasingly popular STR tax loophole.
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13 November 2024 | 7 replies
@Ryan Yu, a cash out refinance after a 1031 exchange can be a powerful tool to make your 1031 simple.
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10 November 2024 | 6 replies
@Alex Powers just read the DORA news release about her.
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11 November 2024 | 8 replies
So when I stop contributing to the roth and HYSA will I be able to let it still grow in compound interest?