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20 March 2024 | 13 replies
When working out the money side, remember this formula: Cash on Cash Return = (Annual Rental Income - Annual Expenses (including HELOC interest)) / Total Cash InvestmentExample:HELOC Used for Down Payment: $50,000HELOC Interest Rate: 6% (This can vary)Annual HELOC Interest Expense: $50,000 x 6% = $3,000
20 March 2024 | 4 replies
There is a story circulating about a group of criminals stealing in NY then going to different states (including FL) to spend the $ they're stealing up here.
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19 March 2024 | 3 replies
On the AK LTA handbook it says what your 30 day notice should include.
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20 March 2024 | 7 replies
Here's some advice to consider as you begin your journey:Educate Yourself: Take the time to learn about different real estate investment strategies, including BRRRR (Buy, Rehab, Rent, Refinance, Repeat) and turnkey properties.
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19 March 2024 | 0 replies
I removed popcorn ceilings, painted all walls (inside and out), replaced and changed out light fixtures (inside and outside), furnished the entire home, and created a fun outdoor space (fire pit, grill, picnic area, outdoor games - including wiffle ball!).
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19 March 2024 | 5 replies
This is where you report negative income amounts, including NOLs.Calculate the NOL Deduction: The NOL deduction allows you to carry the loss forward to future tax years to offset taxable income.
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19 March 2024 | 9 replies
Include cost estimates for materials and labor.
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20 March 2024 | 175 replies
Including from Antoine himself. they are creating an LLC for me that will be 100% free for the first 12 months.
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19 March 2024 | 8 replies
Some states have licensure requirements for private lenders including California, Oregon, Idaho, Nevada, Arizona, Virginia, Florida, the Dakotas, Vermont... that may not be an inclusive list.
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20 March 2024 | 19 replies
These expenses in-clude the travel costs of getting to and from your business destination and any business-related expenses at your business destinationplease please tell me how I am wrong.