Allen Masry
what happens to 500k
23 January 2025 | 26 replies
This would greatly increase cash flow and create equity.
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Thus, my taxes should be higher because of the income I generate.If I pay off the primary, I'll increase the amount I'm able to save monthly not having the mortgage, while also keeping the income generation lower on the rental because the mortgage remains open.Any thoughts would be appreciated!
Tom Nagy
Stay away from RAD Diversified
20 January 2025 | 32 replies
Everytime a new victim comes forward it increases the chances and shortens the timeline for something being done. (800) CALL-FBI and (800) SEC-0330.
Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
Cheap money and low rates produce euphoria, which increases flow of money to an asset, which pushes up the price to uninvestable levels.I think it's going to get worse than better in the short term.Gino
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
The property manager should be involved before you buy any property to give input on due diligence, how to increase income and reduce expenses, and to make repairs or improvements to maximize occupancy.Excellent property management is critical to your success before, during, and when planning to sell or refinance.To your success!
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Network with experienced investors, choose a real estate strategy, research markets with job and population growth, learn financing options, familiarize yourself with property management, develop a long-term plan, and leverage your stock experience to evaluate markets and trends.Good luck!
Shaylynn O'Leary
Advice: New Investor/Small but Mighty Portfolio/ Long Term Game Plan
21 December 2024 | 20 replies
The city's macroeconomics is looking great - lots of population and job growth due to the booming tech scene and many companies choosing to move and develop here.
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
9 January 2025 | 16 replies
I can mark it up with a fee or by increasing the rate (or both, but I never do).
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
If you see utilities increasing, is there a way that you can push this on to the tenant?