
31 May 2024 | 17 replies
Make sensible financial decisions by allocating funds for unforeseen fees, insurance, property taxes, upkeep, and mortgage payments.

31 May 2024 | 3 replies
Deferring All Taxes - if you want to defer all taxes, make sure that the total value of what you buy is greater than $580K (or whatever your final combined net sales value ends up at) and that you use all of your sale proceeds as down payment on your replacement property(ies).

27 May 2024 | 0 replies
I'd strongly prefer to have a cash-less payment mechanism though, ideally a phone or a card that you can add funds to with a credit card or phone, so that tenants aren't forced to use coins or cash bills.
31 May 2024 | 7 replies
Unlike traditional real estate notes is something that is easy to do from afar since you do not get access to the interior anyways so there is nothing you can physically inspect.You are correct that you will get $500-$600 a month in payments but also recognize its taxed at ordinary rates...

31 May 2024 | 12 replies
Avoid escrowing payments and opt for the longer term, even if you don't think you'll need it.Seasoning Period: Many lenders have a seasoning period of 3 months on the platform, while others might require 6 months.

30 May 2024 | 10 replies
Having more than one rent payment on a single mortgage matters a lot.

31 May 2024 | 9 replies
I understand the low value land plays in both owning selling CFD etc etc No title insurance just quit claim.. its quite common in the Niche you are playing in.. the issue is if the orignal seller buggars the title somehow and you CFD buyer pays all their payments and now wants clear title and you cant deliver it because of this..

28 May 2024 | 5 replies
Well, the major risk is always having to cover debt with lagging or non-existing income.

30 May 2024 | 6 replies
. - The cost of two kids in child care exceeds rent payments, by at least 25% nationwide and is more than double that in 9 states (CCAA).- Book Recommendation: Long Distance Real Estate Investing.

29 May 2024 | 64 replies
Oh, and yes, this non-tenant has directed his anger at me--over nothing.