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3 November 2024 | 24 replies
And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.
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30 October 2024 | 18 replies
Any attempt to short-cut the process is going to hurt you.Figure out a side hustle to raise more money.
30 October 2024 | 10 replies
I’d much rather create that reality than simply cutting down our costs and deleting all of our passive income.
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30 October 2024 | 11 replies
Give the builder a % cut in addition to money.
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28 October 2024 | 13 replies
Hey @Marc Shin, so I am a fan of separate components usually, but in this case an all in one is the better choice.We have Ziply DSL at only 12mb as that is the max for our rural lake house and it has been no issues.
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28 October 2024 | 34 replies
A 1031 exchanged property can include 1245 components that are considered part of the "real property" for 1031 purposes if they're affixed to the building (and also up to 15% of the value can be personal property under an IRS rule, such as appliances).
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31 October 2024 | 3 replies
In a bear market, it’s essential to buy well below market value and stick to high-demand features buyers are prioritizing.High Inflation: During periods of high inflation, the cost of materials and labor often increases, cutting into profit margins.
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28 October 2024 | 15 replies
**Why A Half-Point Rate Cut May Signal Bad News**While many view the Federal Reserve's half-point rate reduction as a positive sign, I see potential red flags.
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28 October 2024 | 3 replies
I do realize that doesn't make me a know it all investor as even if I overpaid by 20%+++ in 2014, the REI market would have still treated me kindly.Anyways, I am wondering what your opinions are for getting into REI through Flipping in ATX for 2025 and beyond given the many forces that are at play in ATX including: 1- Interest rate cuts and the expectation that cuts will be a trend in 20252- Even with Interest Rate cuts, will this be enough to get people moving since they may be reluctant to move when they have 3% interest rates on their current home?