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Results (10,000+)
Account Closed Selling My Home & Real Estate Commissions
22 March 2024 | 28 replies
If you hire a REALTOR®, the responsibility is theirs including the marketing and promotion finances.
Mary Jay When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
That's not including tax benefits.
Amy Hu How to put 750 hours to qualify as real estate pro for tax
22 March 2024 | 19 replies
(including contractors, cleaners, etc)2. do 100 hours of material participation and that time is more then anyone else.
Steven Goldman 2834 Cambridge Street Philadelphia PA
21 March 2024 | 0 replies
Funded 100 percent including interest with private 401k money.
David Denney Need help- partnership flips end game- 1031 possible?!
20 March 2024 | 6 replies
But, if you keep up a pattern of switching farms every 8-15 months, my guess is that at some point you begin to raise red flags. 
Griffin Malcolm House Hack Again or BRRRR
22 March 2024 | 19 replies
Here are some considerations to help you make an informed choice:Risk Tolerance: BRRRR projects frequently include more risk, particularly in the event that the refinancing fails to recover all of your money.
Ryan Thomson Should I House Hack or Rent?
21 March 2024 | 0 replies
Over the span of 5 years you will have paid $77,220 towards rent.However, you're $22,500 downpayment invested into the S&P index fund at our assumed rate of 10.13% compounded annually will be worth $36,236.48Leaving you a net living cost of $36,236.48 - $77,200 = ($40,963.52)Overall numbers after 5 years of house hacking:Expenses include: Principal, Interest, Taxes, Insurance, Repairs/Maintenance, and Private Mortgage Insurance.You will have paid $164,239.76 towards your principal and interestYou will have paid an estimated $20,914 in property taxes and insuranceYou will have paid $5,400 in private mortgage insuranceYou will have paid an estimated $10,859 towards repairs and maintenanceFor a total expense of: $164,239.76 + $20,914 + $5,400 + $10,859 = $201,412.76However, here are the positives to your net worth: Appreciation, Loan Paydown, Rent payments from TenantsYou're home will have appreciated to an estimated value of 560,7812 an increase of $110,782You will have paid down your loan by $26,742Your tenants will have paid $154,439 in total rentThe total benefits add up to: $110,781.87 + $26,742 + $154,439 = $291,962.87House Hacking net worth boosters minus expenses = $291,962.87 - $201,412.76 = $90,550.11(The home equity for year five is calculated using the downpayment + appreciation + loan paydown)House Hacking Vs RentingHouse Hacking net worth after 5 years: $90,550.11Renting net worth after 5 years: ($40,963.52)Leaving you a net worth benefit of $90,550.11 - ($40,963.52) = $131,513.63Here is a screenshot from our calculator on the difference in monthly payments between Renting vs House HackingThe winner is clear.
Preston Shepherd My Community Introduction
21 March 2024 | 1 reply
Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!
Andy Ng New to the game
21 March 2024 | 8 replies
When evaluating rental properties, aside from school districts and convenience, consider factors like neighborhood amenities (parks, restaurants, shopping), rental demand, job market trends, property condition, potential for appreciation, and rental income compared to expenses (including taxes, insurance, and maintenance).
Ken Weiner Anderson Business Advisors
20 March 2024 | 193 replies
My region includes 4 states.