
19 March 2024 | 2 replies
I know this would likely be a touch lower since I'd be deducting any renovations or selling expenses, but just left this for simplicity.4) Added together my after tax sales proceeds and cash flow to arrive at a 10 year number of $1,255,274.Considerations:I found it coincidental that both numbers were within $1,000 of each other.

19 March 2024 | 26 replies
But hard money lenders are really expensive so I would be very wary of carrying more than one or two at a time.

19 March 2024 | 46 replies
However, for a landlord who has things together, they are better off budgeting for capital expenses and maintenance and having some reserves either in the form on savings or even an open line of credit to access in case a significant issue arises.

19 March 2024 | 12 replies
If you move out and do not get a HELOC, it will become very difficult and much more expensive to get one on an investment property once you move out.

19 March 2024 | 11 replies
rental properties can be expensive.

20 March 2024 | 16 replies
It lets you get into real estate with minimal down, you can build equity in a property while your tenant in the other unit helps pay down the mortgage, and if done correctly reduces your monthly living expense.

20 March 2024 | 193 replies
it is too cumbersome, too expensive and not well suited to being in charge of your own money.

19 March 2024 | 11 replies
Oh, and for investment property, it's a business expense and you get bonus depreciation.

19 March 2024 | 17 replies
I am from NJ so our market is more expensive.

19 March 2024 | 4 replies
I feel confident it's going to be very expensive.