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2 May 2024 | 12 replies
I invest there ,I have a bounch of high end houses for executives and also middle income duplexes and triplexes.
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1 May 2024 | 15 replies
Apparently, Latchel outsources it's customer service over the weekend and they have no idea who RentRedi is and said that since I do not have an account directly with Latchel, they cannot help me.
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1 May 2024 | 8 replies
Most business credit cards do not report on your personal credit report so often times any debt associated with the business credit card will not impact your debt to income ratio.
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1 May 2024 | 3 replies
So, as the first property would be a triplex or fourplex, I was in the understanding that I could use 75% of the income coming from that initial owner occupied purchase towards my debt to income ratio going into the next purchase.
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30 April 2024 | 21 replies
The increase wealth occurs because my portfolio yields a current income of about 11% as a mixture of notes and real properties ( a majority of which are held in syndications), and this is not needed to live on.
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2 May 2024 | 3 replies
Higher income due to newer properties and higher resale/refi due to the new build out
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1 May 2024 | 12 replies
Now property management takes little to no time and rent is deposited into our account automatically.
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1 May 2024 | 4 replies
Such short term rental will follow these criteria(see numbered list below), in order to take advantage of (1) qualifying to fill out schedule E, thus avoiding the Self-Employment tax should there be any profits. and (2) being able to offset your W2 income should there be a paper loss.
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1 May 2024 | 1 reply
I know that it is typically 20% gross income to have another company manage the property, but wanting to know the cost breakdown if I were to self manage.