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19 July 2024 | 15 replies
I'm a newbie real estate investor and I'm in contract of buying my first rental property.
22 July 2024 | 6 replies
Can I calm/deduct start-up cost for this property if i add it to an exciting LLC which already holds my first rental or what that expense be considered "operational cost".
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22 July 2024 | 4 replies
First time homebuyers can qualify with a 3% down payment.
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22 July 2024 | 0 replies
With that, the investor is challenging the first appraisal to see if there’s anymore value underneath the hood, which would signal a jubilant moment for him if more value is discovered.
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22 July 2024 | 1 reply
I started my first Airbnb in 2018 and wanted to grow my portfolio.
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18 July 2024 | 4 replies
This is my first attempt at doing anything, as if it wasn't obvious.
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18 July 2024 | 1 reply
Learned a lot from this first rehab project.
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22 July 2024 | 4 replies
Do I need to find a buyer first before I put this under contract or do I put it under contract then find the buyer?
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22 July 2024 | 6 replies
When you break down the numbers by individual properties using the first purchased property as a templated for the additional properties purchased however, you will notice that the numbers being used in the example are not scaling correctly.It took me some time to figure out why the numbers were not scaling and adding up correctly but I finally believe I at least partially figured out why the numbers didn’t add up.By the end of year 3 the 3 properties are owned for the following lengths of time and reflect the correct numbers associated with that length of ownership (loan balance, equity, property value, etc).Property A - owned 3 yearsProperty B - owned 1 yearProperty C - owned 0 years, it will be purchased at the start of year 4But by the end of year 4 the properties should reflect the following years of ownership with their respective numbers associated with the years of ownership (loan balance, equity, property value, etc).Property A - owned 4 yearsProperty B - owned 2 yearsProperty C - owned 1 yearHowever the summary total numbers that were provided in the book for all 3 properties at the end of year 4 did not add up correctly.