
15 October 2021 | 12 replies
@Wayne Clark it's very difficult to purchase something using conventional financing and have it be a "true" BRRRR where you get all your capital back out.

14 October 2021 | 4 replies
True passive income is SOOOO much more important that active income.

13 October 2021 | 1 reply
As you can imagine, this is completely devastating, and something - if true - I wish I had known about earlier.

14 October 2021 | 5 replies
What everyone is saying above about buying in a flood zone is true, if the property is on a slab.

14 October 2021 | 3 replies
But, it's also true that every property will have a number that makes it a deal that works!

14 October 2021 | 4 replies
I plugged all the numbers into the Rental Property analyzer calculator, as modest as possible trying to determine what my unit would cost me after subtracting all other expansive, for example, 5% on Maintenance, vacancy, capital ex, and 11% management fees. that number is roughly $900 a month or $10,800 yearly that I would be responsible for. both scenarios look like this A) Primary Resident: 69k (10% down + closing) +10,800 = 80k the first year VsB) Investment Property: 159k (25% down +closing) - $4704 ( $392 monthly cash flow) = $154,296 first year I feel that option A is the better option in year 1, but I can not figure out a true representation moving forward after the house hack is done and I replace myself with a tenet?

27 October 2021 | 7 replies
To have it in my name would be a dream come true for my younger self!

19 October 2021 | 4 replies
They are true (as generalizations) but the exact numbers will vary by market.

4 November 2021 | 24 replies
@James Kovarovic Very true!