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17 March 2016 | 21 replies
Appreciation is starting to get better: the house we bought last year for 177 was appraised 9 months later for 200 and the one we bought in October for 129 was just appraised at 150.
18 January 2016 | 6 replies
(You can arrive later than 6 PM but the earlier you get there the more opportunity you have to learn and meet people.)
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9 October 2017 | 10 replies
When I was closing on my first property all the numbers indicated that it would be $2,300 cash flow positive per month after PITI and management. 11 months later, and I FINALLY cash flowed on the property!
10 October 2017 | 7 replies
I want to get into SFH rentals and am also interested in becoming a real estate agent (we’ll save that part for later).With that being said, here’s what I know on SFH rentals that I’m going after:-$150k SFH sale price roughly @ ~3.5-4.5% interest is the goal.
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15 October 2017 | 21 replies
This is also the same percentage that you need for a non-cash out refinance (more on why that is important later). • If you purchased the investment property with a loan,then conventional loans will require you to wait 6 month to take cash out.
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17 October 2020 | 5 replies
I was considering EDDM and might later - it does cast a wide net
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10 October 2017 | 8 replies
You need to know what your options are on depreciating your rental units (you can depreciate your rentals faster if you want using accelerated depreciation but you have to make that decision at the very beginning of when you start your accounting on the properties - you cant switch later).That being said, I would suggest that no, you do not need to be an LLC to writeoff expenses for your rentals.
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17 October 2017 | 8 replies
Then later on refinance out to get your leverage up on it and then use the extra money to go buy something else.
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9 October 2017 | 7 replies
I started out buying in just my name and later when I knew more and was more experienced transitioned into an asset protection plan.
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7 November 2017 | 6 replies
This one did turn into a purchase about 5 weeks later.