Jenni Utz
BRRR: The Real Estate Investment Strategy for Long-Term Wealth
10 October 2024 | 2 replies
Instead of leaving equity tied up in the property, you can refinance and put that money to work on your next investment.Advantages:Leverage: You’re using borrowed money to increase your purchasing power.Long-term Wealth: By holding rental properties, you benefit from appreciation, passive income, and tax advantages.Scalability: The ability to keep reinvesting capital makes it easier to scale compared to traditional buy-and-hold methods.Is BRRR Right for You?
Mark M.
Ratio Utility Billing System (RUBS)
13 October 2024 | 54 replies
They now monitor the heat usage each month and send a bill to the tenants calculated from their usage and corresponding share of the gas bill.
Ryan Richmond
Buyer vs. Designated Agency
10 October 2024 | 2 replies
At the time, I didn’t realize how much that could impact my agent’s ability to advocate for me.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
Are you talking about the ability to get a Refi or Heloc?
Johnny McKeon
WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
12 October 2024 | 16 replies
Market ConsiderationsWhile current rates may fluctuate, the ability to secure 6.375% now might be a rare opportunity, especially given the overall uncertainty in interest rate markets.
Deshen Tang
Invest in triplex, quadplex , self manage or invest in apartment syndication deal?
9 October 2024 | 14 replies
And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.
Grayson Grzybowski
A better understanding for using Hard and Private lenders
11 October 2024 | 11 replies
The bank is primarily concerned with the borrower’s creditworthiness, the property's value, and your ability to make payments.Private Lenders: Private lenders are more flexible because they focus on the property’s potential, the borrower’s experience, and the deal itself.
Sanjeev Advani
CAA Opposes Extreme Heat Bill Over Costly Air Conditioning Mandates
8 October 2024 | 1 reply
The California Apartment Association (CAA) is urging Governor Gavin Newsom to veto AB 2684, a bill that could lead to expensive air conditioning mandates for rental properties.
Matthew Freese
Tax Deduction Rollover Into Next Year
9 October 2024 | 5 replies
If your income exceeds $150,000, your ability to deduct passive losses from rental properties is limited, and any disallowed losses carry forward to future years under the passive activity loss rules.Yes, the deductions can accumulate and roll over year after year.
Jonathan Bock
Do investors know what their tax rate is?
10 October 2024 | 23 replies
I cannot go back and change it, it has zero impact on my decision making ability for real estate deals.