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Results (10,000+)
Panos Coufos HELOC to Fund Downpayment on Next House Hack?
23 January 2025 | 1 reply
On property number one, I would cash flow $750 a month after mortgage, taxes, and insurance if I also rent out the unit I live in.
Chris Core Everything needed to start, can't find a cash flowing property.
8 February 2025 | 13 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Moustafa Said A complete Newb to Real estate.
25 January 2025 | 5 replies
Wanted to still be close to family but maintain a cheaper lifestyle, still have strong appreciation, and much better tenant/landlord laws, taxes, etc. 
Bob Judge New Member Introduction
25 January 2025 | 6 replies
Start by talking to a cross-border CPA and attorney to handle taxes and legal structures properly.
Mike Reynolds Solo K financing question
1 February 2025 | 15 replies
You'll likely want to evaluate the investment with UDFI tax figured in.The Solo 401k trust would make the payments to the seller/lender and would also pay for any investment-related expenses.
Makani Donaldson How to be of use
3 February 2025 | 9 replies
I've been knocking on doors, there is one that seems like it's abandoned, however despite finding the owners name from tax records I cannot seem to get in contract with them to make an offer (despite trying x, y and z). 
David Lewis First Timer - Long Distance Investment?
31 January 2025 | 7 replies
a lot of people will poo poo this, but I also live in a market where cash flow is low, property taxes are high and properties are expensive (which is a relative term).
Heidi Kenefick Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
Thats $7700 a year NOT including my accountant/Tax prep. 
Karen F. Recommendation for inexpensive, durable LVP?
20 January 2025 | 3 replies
It's almost like they tack on a few hundred dollars to the order and forget to charge sales tax
Karl Kauper 1031 Exchange Deadlines
24 January 2025 | 10 replies
People claim that 1031 investors over pay all the time just to avoid taxes.