Will Gaston
This seems like A good deal...What am I missing?
2 February 2017 | 12 replies
@Will Gaston I would suggest you at least get it inspected and see what the worst case number would be and then reassess.I would reevaluate numbers - if you bring in $8900 per month, and have to allocate the recommended 50% in expenses, and $3300 in PITI, you are bringing in $1150 with so many properties to deal with.
Tam Lapp
Is it true that its hard to find good deals?
14 January 2016 | 19 replies
Really depends on your budget, motivation, and time you can allocate to it.
Melanie Carter
First duplex - Too good to be true?
26 April 2017 | 6 replies
Included 20% capex allocation in my calcs (which might be low.
Account Closed
Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
9 January 2024 | 0 replies
Let's delve into how these facts could significantly benefit high-earning W-2 employees.Tax-Efficient Retirement Savings:A Backdoor Roth IRA allows high-earning W-2 employees to strategically allocate after-tax dollars from their annual earnings into a retirement savings account.
Stephen Jones
Concerned about investing in an old multifamily apartment complex
2 February 2021 | 10 replies
In addition, allocate a bit more towards maintenance just to be safe.
Austin Laney
Best Way To Create LLC In Texas For Buy & Hold
24 April 2017 | 5 replies
I had signed them in the past as an investor in a friend's business, so I was comfortable with these: pretty much boilerplate language about specifying the ownership split, fiscal year, indicating how partners can exit, what happens if the LLC winds down, etc.I would say if you can allocate a month to take your time with it, it is very easy to do with a $50-75 filing service.
Eddie Ziv
Appreciation VS. Cash flow - The clash of the titans....
15 June 2010 | 341 replies
This expense allocation allows for significantly higher cash on cash returns and acts like insurance.
Teo Risquez
Monthly passive investment alternatives
25 January 2020 | 1 reply
I’m considering splitting up the money I allocate to savings on a monthly basis and put half of it in to alternate passive investing platforms.
Joe S.
Why are most self-employed doing for health insurance?
29 December 2021 | 35 replies
I think money should be allocated in such a way as to to provide decent health care to the citizens of our country of every age.
Todd Hensy
Real Estate Investor vs. Mortgage Lending?
11 June 2016 | 7 replies
A typical percentage of a property value to allocate to land value is 20%, or in this example it would be $100k.