
19 March 2024 | 22 replies
A charitable contribution, just like any expense, lowers your Taxable Income...dollar for dollar.

18 March 2024 | 6 replies
Don’t be afraid to ask for lower rate, especially if you find the house or FSBO, in writing in the agreement, and that additional fee they’re charging would just make me angry.

20 March 2024 | 14 replies
Many investors from markets where the numbers don't work, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

19 March 2024 | 11 replies
Quote from @Uzziel Cortez: Hello everyone,I am 31 years old and finally ready to dive into the deep end here.Looking over the strategies I think I want to start with Out Of State MTR / LTR strategy.My though is travel nurses or university students will be a good market / consumer base to tap into.I live in Orlando FL but looking at lower cost markets such as Texas or Indiana.Looking forward to hearing any tips yall might have for me.Thanks Welcome aboard.

18 March 2024 | 3 replies
Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.
19 March 2024 | 6 replies
You can still learn investingTeam up with someone that does have money and become their assistantIf you have a lot of money and no time, either look into syndications or find someone who buys properties for people who have no time, like us.If you want to do Subject ToHave about $30,000 available liquid cashIt is Not “no money down”Borrowing from others to cover the costs for doing Subject To has serious legal consequences and is extremely risky for you, your 2nd position lender and for the sellerIt is easy to do the contract (Transaction) for Subject To, but it is very hard to do the next few years correctly.

19 March 2024 | 24 replies
My advice would be to focus on building a strong network within the real estate community and to always keep learning from each transaction.

18 March 2024 | 24 replies
You'd be surprised how much they are willing to give in and how much sellers will lower asking with those concessions.

19 March 2024 | 7 replies
For example, I have seen brand new homes for average market price or lower in Wendell with a fixed 5% rate.

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.