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18 February 2025 | 2 replies
Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift.
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15 February 2025 | 14 replies
Verifying last 2 years of rental history very important!
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19 February 2025 | 17 replies
Except the last three years I have been in Brazil I got a rent to own that may not end in my favor.
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13 February 2025 | 2 replies
Quote from @Cooper Meurer: Lately, I have been mulling the idea of selling my primary residence and renting for 1-2 years before we leave the Midland area and move to the Texas Hill Country (surrounding Austin area)Reasoning for this:- I currently have around 120k in equity in my residence and I have a 4.75% interest rate.
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17 January 2025 | 3 replies
Renewable every 50 years.2.
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13 February 2025 | 10 replies
They both were up in the Glendale area for 15-20 years or more, and were very involved with the local business community.
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24 February 2025 | 6 replies
Pairing this with a multi-year acquisition/cost seg strategy (accelerating depreciation) is how high earners in growth mode can significantly reduce their tax bill.
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24 February 2025 | 7 replies
I think most of us do, but the problem that I've discovered with 15% down programs over the past couple of years is the balance between the cost of the home and the rent it can garner.
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20 February 2025 | 2 replies
I do find it interesting the absobtion of those new build apartments is slowing down compared to years past.
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24 February 2025 | 3 replies
We've wanted to purchase an investment property for year but have been afraid to jump in.