
28 April 2024 | 17 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

27 April 2024 | 1 reply
Duplex - 100% immediate passive income, Tax benefit (schedule E) more deductions to get more back or owe zero at end of year.

29 April 2024 | 10 replies
Just moved to Austin TX - Florida was getting expensive on residential side (tax reassessments, insurance hikes and mandatory flood insurance coming soon).

27 April 2024 | 3 replies
Tax returns and w2 paystubs?

27 April 2024 | 10 replies
Here are some details that might be helpfulMortgage - 2920 (2.875% interest rate), Property taxes - 1000 per month approximately, HOA - 450 per month, insurance 150 per monthThe maximum rental that I can get for this property would be around 4000 per month.

25 April 2024 | 7 replies
You don’t pay any capital gain taxes.

29 April 2024 | 64 replies
It's packed with valuable insights, practical tips, and actionable strategies to help you excel in flipping.

27 April 2024 | 1 reply
Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.
27 April 2024 | 2 replies
Here are the details at a high level:Purchase price: 174,000Closing costs: 2,000Down payment: 20%Rental income: 1525Monthly expenses: 487 (insurance + tax)Maintenance: 128 (1% of purchase price)10% vacancy: 150Self-managingI am not sure what interest rate to use to get the monthly mortgage amount.

25 April 2024 | 14 replies
3) They should know the property taxes, so why "estimated"?