
22 May 2024 | 7 replies
Usually cash flow comes with these markets over time.
21 May 2024 | 10 replies
Purchase was $188k and has been depreciated for 12 years to date.The online Capital Gains calculators show an outright sale losing over 30% to capital gains, depreciation recapture and the 3.8% Medicare tax (an extra stick in the eye).

21 May 2024 | 21 replies
It could be any side-hustle you want just as long as you like it and your able to save some extra $$$.2.

21 May 2024 | 21 replies
Some don't want them, but will still do them - their terms are usually inferior by quite a bit.

21 May 2024 | 4 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
20 May 2024 | 11 replies
Buy the property for 100kPut 50k in rehab The hard money loan you took is for 130k (80% of purchase + the rehab)Property is now worth 250k Cash out Refi with a 30Y fixed DSCR 70% LTV (of the 250k) - Loan amount is now 175kYou just paid of the 130k hard money loan used to fix up the property and you pulled out your 20k initial investment + 25k extra cashThis is a perfect world scenario.

21 May 2024 | 7 replies
If so, that usually doesn't end well.

21 May 2024 | 5 replies
Usually these investors are looking to do live in flip as their primary residence.

21 May 2024 | 4 replies
Prepayment penalties- usually 1-5 year terms.

20 May 2024 | 6 replies
Be aware that owners usually have period of time in which to reclaim ownership of the property.