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26 February 2024 | 3 replies
Hi all,The end of 2023 we purchased a 4-plex with $12224 in discount points on the mortgage.
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29 February 2024 | 18 replies
In addition to that I love accounting and tax and love helping people and pointing them in the right direction even if our model isn't a fit for them hit me up any time!
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28 February 2024 | 12 replies
For me I use 6 months of reserves (monthly payment mortgage, property taxes and insurance) for each unit (if a duplex it's 2 units) and an additional $10,000.
27 February 2024 | 3 replies
This could help generate additional income and attract a broader range of tenants.3.Partner with a nonprofit organization: Some nonprofit organizations specialize in affordable housing development and may be interested in partnering with you on this project.
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28 February 2024 | 63 replies
Sounds like its a $4k tax planning fee and then they do your taxes as well for an additional fee.
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27 February 2024 | 1 reply
There is a cabin on the property that can accommodate additional 6-10 guests but the current owner has chosen not to rent this cabin despite the numerous requests.
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28 February 2024 | 0 replies
Additionally, investors can hire a property manager to handle day-to-day operations, freeing up their time and allowing for truly passive income.2.Real Estate Investment Trusts (REITs)REITs are a passive investment option that allows investors to purchase shares in a company that owns and manages a portfolio of income-producing real estate properties.
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28 February 2024 | 21 replies
Additionally Dayton has a pretty strong rental market, making it a good place for real estate investors to generate rental income.
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26 February 2024 | 11 replies
Additionally, achieving a good ROI requires a great property manager, so it's not solely about having the right property in a good location.
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28 February 2024 | 0 replies
I put my broke-self through college cooking - and I may or may not have been able to reallocate additional $ to the beer fund 😁.