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12 July 2024 | 3 replies
(15T X Sale price, minus sales costs, minus purchase price, minus a capex.
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9 July 2024 | 5 replies
What have been your experiences so far, and any hidden costs that you did not expect managing investment properties?
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10 July 2024 | 0 replies
But let me say this, I am aware that housing is in short supply.”Powell also reiterated that:- unemployment while still low is steadily notching higher;- job and wage growth while still strong are steadily moderating;- inflation is moderating, on trend, and the Fed’s target of 2% is on the horizon.The Bottom like: I still think we get interest rate cuts in September, and a second one after the election.
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7 July 2024 | 28 replies
I'm running 5 units currently through hemlane and it costs me about $45/m.
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12 July 2024 | 10 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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10 July 2024 | 9 replies
@Eduard Gibert RenartBecause on a note you are getting principal and interest back and it’s hard to reinvest a very low payment.What you are also missing is the tax consequences in these situations which can have major impactsI did a post on this In tax liens advising where 8% is far better than 10% and illustrated this example.
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8 July 2024 | 1 reply
(not counting the state LLC cost) I am not going to respond to your SDIRA/LLC consulting service unless you are a lawyer or can quote me a cost.
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10 July 2024 | 8 replies
I have been sniffing around for nearly a year and a better understanding of the area rental market.it seems long term rentals are no go as there are so many competitors and rent could go as low as 850$.
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11 July 2024 | 9 replies
G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/
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11 July 2024 | 1 reply
For these, one needs expertise and experience to sift through low FICO score applicants to approve the "best of the worst".