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21 May 2024 | 34 replies
If you build the wealth when you can it will give you a lot more flexibility and options later in life as it’s a marathon not a sprint
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22 May 2024 | 6 replies
Your profile mentions that you are a real estate agent - You want to have a conversation to see if you potentially are eligible to claim real estate professional status which would allow you to treat your rental losses as active instead of passive.Also have a conversation if you are required to make estimated tax payments since there is no withholding on your commissions.Lastly, your profile mentions you are in Florida which does not have a state income tax which opens you up to more options for choosing an accountant.
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22 May 2024 | 10 replies
Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments: $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.
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22 May 2024 | 77 replies
Or if the tracking my route $20 option was included already with the monthly rate, that would be awesome.
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22 May 2024 | 90 replies
I thought I protected myself from this situation by requiring they use the ach option over the credit card option, obviously not.
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21 May 2024 | 2 replies
We gave them the option to either provide them with the nightly rate per diem of the rental for them to do as they please or we would book accommodation for them.
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22 May 2024 | 3 replies
If the seller is not liquid enough to provide a loan, they could attempt to find another financing option for the buyer.
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22 May 2024 | 1 reply
Also, we should consider implementing shared amenities, co-working spaces, or multi-functional areas that maximize the utility of common spaces and enhance tenant satisfaction.
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22 May 2024 | 9 replies
@Justin LaPointe That is a great option!
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22 May 2024 | 5 replies
(Also on airbnb there are options to actually rent a set up tent which sounds weird but people do it.)Fourth: Set up a youtube channel, which is free.