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4 November 2024 | 8 replies
Here's a sample monthly for one property:Gross Rent: $1990Mortgage: 1770Tax: 209Insurance: 119Management: 199SO that's about a loss of $300/mo.
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8 November 2024 | 14 replies
I’m continuing to put out plenty of offers on various properties and exploring different approaches to see what gains traction.For this one, I’m considering proposing a rent-to-own/deal finance contract with strict contingencies—something like requiring monthly photo proof of bank loan payment, with the understanding that failure to comply would result in a loss of equity of the seller.
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12 November 2024 | 171 replies
Storage units in Houston have dropped monthly payout by about 30% for the next 3 months.Key West Apartments have not fully recovered.
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7 November 2024 | 45 replies
This could manifest itself in additional damages and financial losses when they decide they don't want to put up with you any more.Also, Section 8 does require more work setting up, renewing, increasing rent, etc.
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7 November 2024 | 6 replies
Loan balance is 280k, value is over 500k, cash flows about $1300…went to apply for a business line of credit thru my operating LLC and was denied due to losses in last years schedule E…the idea was that I use the LOC to help pay for a down payment.
4 November 2024 | 8 replies
There is no loss of use.
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6 November 2024 | 6 replies
While some investors have experienced significant success, others have faced substantial losses.
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1 November 2024 | 34 replies
I recovered and hired a PM who specializes in S8 @Rhianna Cultrona Please share!
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8 November 2024 | 22 replies
Oh by the way, up until i started selling, i hadn't paid income taxes on any of the rental profits for almost 14 years and even after I started selling, my carry forward losses covered everything up until last year when they finall ran out.If you buy right, sfh rentals are the best long term investment you will ever make.
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1 November 2024 | 3 replies
My Instagram and FB accounts were Meta verified (@chicagobrie) and someone hacked my linked business account (@midwestresummit) and violated community guidelines. This was a 6 year old business account the never poste...