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3 February 2025 | 15 replies
The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.
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18 February 2025 | 9 replies
It has basically printed money for me from day 1.Fast forward to today.
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13 February 2025 | 22 replies
It basically exempts the first $75k of value from the assessed value for the millage (among other things).
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13 February 2025 | 5 replies
@Ty Coutts I agree it's to high , searching for new lenders or PML , I didn't account for maintenance because it was basically a full gut , everything is brand new.
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7 February 2025 | 22 replies
They're basically two different skill sets and it's fallacious thinking to assume you can do one because you can do the other.
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15 February 2025 | 21 replies
If you self manage, you save that money, but you are basically taking on a side hustle.
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19 February 2025 | 7 replies
If I sell the property for 130K, after assciated closing costs, I will basically break even.
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11 February 2025 | 3 replies
The basic answer to your question is likely yes because I believe anyone who inherits an IRA can roll it over and what you are talking about is a valid way to roll an IRA over I believe but get advice from a professional on this one before taking action.
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17 February 2025 | 6 replies
It’s pretty easy to figure out when I’m basically paying for a full time employee.
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14 February 2025 | 11 replies
Since you are in an expensive market, commissions will also be high so you should be able to cover all of your expenses with just 1 deal basically, maybe 2.