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10 February 2025 | 59 replies
If the state approves, then the state will back that policy in the event the carrier goes out of business.
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5 February 2025 | 6 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.
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14 February 2025 | 6 replies
Glad to see some justice.The next round of scams will be people raising money for new deals but then using those new funds to bail out previous deals—be it flippers who can't sell or apartment investors facing refinance rates and decompressing CAP rates.
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5 February 2025 | 14 replies
Take the initial investment out then keep the machine going.I know it seems like alot but it's really not that hard to accomplish.
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6 February 2025 | 13 replies
Imagine you make $100k and you are affected by 3 tax brackets.0-33k =-33K 0%33,001-66k 10%66,001 - 100k 20%You can take $100k in deductions this year and pay zero taxes, for one year and then $10,100 for for 2 years ($20,200 total)You can take 67k in deductions this year and pay zero taxes for a year, take 33k the second year and pay $6,800 year two and $10,100 year 3. ($16,900 total)You can take 33k each year and pay $3,300 in taxes all 3 years. ($9,900 total)Obviously this is simplified but unless you expect to make much less and be in a lower tax bracket in the future those deductions could come in handy.
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15 February 2025 | 3 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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4 February 2025 | 9 replies
But if you are getting anxious just reading a book, then being a landlord is not your cup of tea.
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6 February 2025 | 7 replies
Wait until it's close to the end of his lease (know what the law requires) and then give him notice that you will not renew.
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26 February 2025 | 1 reply
This makes them an attractive option, especially if you expect rates to drop in the coming years or plan to refinance later.And if you remember the housing crash, know that today’s ARMs aren’t like the risky ones back then.
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21 February 2025 | 2 replies
I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.