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Results (10,000+)
Michael Plaks GRAY area alert: deducting real estate education
30 July 2024 | 23 replies
This pack of gum (that I did not pay for) accidentally slipped into my pocket...This bottle that I did not scan just got mixed with the other bottles that I did scan...This receipt is not really for this pair of shoes, but I want to return it anyway...Sorry that I dropped $10 ear buds into this Amazon return for $200 ear buds, it got mixed up...Should I continue? 
Nicholas Smith Calculating ARV in Texas
30 July 2024 | 3 replies
I pay attention to see if they have been renovated and if they have the same amount of bed/bathrooms, also if it has a pool or not.
Zachary Cain Humphrey Odd STR guest interactions
30 July 2024 | 5 replies
When I messaged the guest they would have to pay or leave they refused to leave.
Lucas Hannon What should i be doing untill i purchase my first deal?
30 July 2024 | 8 replies
Listen to your elders and network and attend meet and greets, but don’t pay for special attention. 
Michell Chase Alot on information on offsetting W-2 income but not much on 1099-R income...
30 July 2024 | 8 replies
I did withdraw from my 401k for this first property downpayment as I do not pay penalties on withdrawals and will definitely kick me into the next tax bracket for this year for overall income. 
Alex Rivera Jr. Best & Worst Markets in CT
31 July 2024 | 9 replies
You go somewhere like Stamford, Norwalk, Fairfield county, etc. you will pay more/less cash flow but higher rents with higher income professionals being so close to NYC. 
Account Closed A Great Tenant Can’t Make Rent
29 July 2024 | 40 replies
As in, she’s leaving because she can’t pay.
Richie Linnon Inheriting severely under market tenant
30 July 2024 | 8 replies
Issue is he is paying 750$ a month for the 3br/1ba unit.  
Ben Van Gorp New poster looking for some help
30 July 2024 | 12 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.
Nicholas Olson Finding the Money
30 July 2024 | 8 replies
It might help pay for your expenses if you house hack but I bet the number of markets a 3.5% down payment is cash flowing has shrunk significantly over the past 2 years.