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16 October 2024 | 2 replies
Excited to hear your thoughts and tips!
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27 October 2024 | 3 replies
This way, even if the monthly payment remains the same, the amount you pay towards principal each month goes up.
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17 October 2024 | 1 reply
The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)
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29 October 2024 | 5 replies
This property could be a great first step in building your investment portfolio!
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16 October 2024 | 3 replies
I would strongly recommend looking at the BiggerPockets lender finder since all those lenders are familiar with the investor mindset even if this is for a primary residence :)https://www.biggerpockets.com/business/finder/lenders
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14 October 2024 | 6 replies
Sometimes, you can discover excellent contractors on Facebook groups dedicated to your local area.
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27 October 2024 | 0 replies
But I also have questions to see if anyone thinks this is a solid deal and what they expect to see as appreciation with these manufactured homes on land not in a park.
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27 October 2024 | 3 replies
This week in my rat race commute I started listening to audio books about investing.
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18 October 2024 | 6 replies
For context, I have a Carrot site and can follow instructions, but am a total novice when it comes to websites, and no nothing about code.Thank you in advance to anyone that took time to read my post and provide advice/feedback.I was only able to take SEO to a certain level. 2 years ago we hired outside help.
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28 October 2024 | 3 replies
I do realize that doesn't make me a know it all investor as even if I overpaid by 20%+++ in 2014, the REI market would have still treated me kindly.Anyways, I am wondering what your opinions are for getting into REI through Flipping in ATX for 2025 and beyond given the many forces that are at play in ATX including: 1- Interest rate cuts and the expectation that cuts will be a trend in 20252- Even with Interest Rate cuts, will this be enough to get people moving since they may be reluctant to move when they have 3% interest rates on their current home?