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8 November 2024 | 22 replies
From my understanding the 15-18% IRR promoted by syndicators generally does not include these tax benefits either, so it is still a fair comparison.AssumptionsI had to make a few assumptions about the property and mortgage interest rate:Property value = $180,000Rent = $1680Mortgage Interest Rate = 6%I also made assumptions related to other costs such insurance, taxes, property management, maintenance, capital expenses and vacancy.
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5 November 2024 | 9 replies
The interactions were mainly me sending places I wanted to go look at, and making offers with very little guidance from them, ultimately only to lose out on the bid.All in all, I've learned that being this early in my investing journey, I need an agent who is not only familiar with investing (or is an investor) but will reciprocate the same dedication and drive.
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6 November 2024 | 54 replies
Money is ultimately going to be the driver, foremost the cost of insurance.
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7 November 2024 | 15 replies
Because he was overpriced and I was the only one willing to pay the amount he wanted, he ultimately signed over his VA entitlement and allowed my (a non-veteran) to take over his loan!
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6 November 2024 | 6 replies
Ultimately, clarify with each broker upfront about your intentions to avoid misunderstandings and ensure they’re comfortable with the arrangement.
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6 November 2024 | 6 replies
Ultimately it may be too pricey for them but they've already moved in, I'd ride that train until they got there.
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4 November 2024 | 4 replies
Like many real estate projects, we expect her to bring:- Joy- Wonder- Tears- Unexpected Costs- Anxiety- FulfillmentExcited to embark on this ultimate life project and grateful for all the support as we “build” our family!
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7 November 2024 | 13 replies
"Ultimately, none of us has a crystal ball, we can only look at history.Conversations like these have been going on since the dawn of man and will continue.
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4 November 2024 | 12 replies
I heard a video promoting Intellihost - wonders if anyone has used?
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8 November 2024 | 38 replies
Ultimately, if you're not considered a real estate professional, then you can only write off up to a certain amount against your regular income (25k maybe?).