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2 January 2025 | 0 replies
I have purchased the following books:ABCs of Buying Rental Property The ABCs of Property Management The ABCs of Real Estate Investing The Advanced Guide to Real Estate InvestingThe Book on Investing in Real Estate with No (and Low) Money DownWhat order do you recommend reading them in?
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2 January 2025 | 0 replies
A global trade war is seen as the biggest observable risk for 2025, followed by a tech stock plunge and concerns over inflation and bond yields14.
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2 January 2025 | 1 reply
Following this as I have my license as well in a similar boat.
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4 January 2025 | 5 replies
The overall LTV (including all 3 mortgages) will be key and your selling point will need to be that the 2nd mortgage ($8k) will burn off in 2.5 years (based on your surprise that it was even out there, I'd recommend that you follow up in 2.5 years and ensure that it's been satisified, so that it doesn't surprise you again in the future).Does the $8k grant vest over the 5 years?
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3 January 2025 | 2 replies
My questions are;Do I have to take expenses as a deduction in a year in which they occurred even if I do not get income until the following year I have other rental property, but my taxable income on them after expenses is only gonna be about $5000 So is there anyway to roll over expenses to the next year since I cannot deduct the remaining 15,000 and expenses against my W-2 income?
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3 January 2025 | 5 replies
Start with networking, go to all events you can and follow up with who you meet.
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4 January 2025 | 7 replies
I am not clearly following the the refinance bit.
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7 January 2025 | 12 replies
I'd recommend the following:1) Continue to stay at home to save up more2) Buy the crappiest home in a good neighborhood, with financial help (parents?)
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5 January 2025 | 3 replies
I can always go back to our attorney and ask for clarification on the language, but following your thinking, this is what I'm coming up with.Days 6 - 10 would be $1550 * 18% = $279 / 365 = $0.76 per day.
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14 January 2025 | 25 replies
I will likely follow what you outlined above, but won't open my calendar right away to allow time for the permitting process.