4 May 2024 | 0 replies
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
6 May 2024 | 10 replies
Feel free to reach out if you have any questions!
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6 May 2024 | 0 replies
You get a free 14 day trial and here is a code for $10 off if you like it.
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6 May 2024 | 3 replies
Feel free to send me a time that works for you and I am happy to schedule a quick screen share to see if I can help.
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7 May 2024 | 10 replies
@Tony FerreiraYou have good options based on the limited amount I could gather based on your post.Shot you a DM, please feel free to follow up if you'd like!
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8 May 2024 | 33 replies
Your running a business and the house has to be cleaned wether you pay someone or do it yourself and work for free and cheat yourself.
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6 May 2024 | 6 replies
I then gave the tenant the next month's rent for free.
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8 May 2024 | 50 replies
I will make thing easy for you.This is my actual real live assumption.Prop Price=$560k , interest rate=3.3%, capital gain tax for invstment=33%, appreciation=5.75% , slightly positive cash flow (DSCR 1.05).Result after 10 years:Return after 10 yearstotal_net_PITInetReturn Factorcapital gain if OO$577,851-$385,000$192,000(live for free)1.6capital gain if rental,positive CF$381,000$26,000$407,000(still the biggest buck)3.391666667caiptain gain if rental , negative CF$381,000-$24,000$357,000( not that bad really)2.975so rental property with highest appreciation and bit cash flow at the end of 10 year is still performed better, even negative CF is not that bad, the return from original investment after 10 years is still almost 3x.
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6 May 2024 | 3 replies
However, don't shy away from Portland if you find a great deal that aligns with a house hacking approach.Feel free to reach out if you need more specific insights or connections in either market.