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Results (10,000+)
Ravi P. craigslist posting service.
15 December 2024 | 1 reply
One of the methods I plan to utilize is to list the space on craigslist.
Angelo Llamas Tax breaks for a rental breaking even
19 December 2024 | 12 replies
As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years. 
Nick McCandless Turnkey Real Estate Investments
17 December 2024 | 22 replies
ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).
Glenn McCrorey I quit my job today
29 December 2024 | 253 replies
Like you said in your post, "Buying and holding is a long term strategy...............focus on the end goal"The second reason for trying to get good deals is that if you can get a 10-20% built in equity off the bat, it has the advantage of:- taking a big part of the risk factor off the table- built in equity that can be utilized as required- better cash flowThere are a lot of people on BPs that say that "money is made on the front end in RE".
Rae Chris Advise on first flip, loans, contractors
18 December 2024 | 7 replies
You will truly be raising the clock, as each day will cost you very significant money.  12% interest on $250k is $2500/mo, or about $80 per day in interest, not including your other carrying costs (utilities, property taxes, insurance, HOA). 
Ben Johnson Rental Income only - HELOC (accessing equity in hard times) HELP!
15 December 2024 | 12 replies
And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned
NA Hirsch Soft Pull Credit Report
13 December 2024 | 3 replies
I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place. 
Bradley Guion Seeking Advice: Scaling STR Business vs. Starting a Glamping Venture
15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
Xavien Rafael How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
The limits are not high at first, but they can build with good utilization and payment history.
Don Konipol Can Real Estate be Purchased Below REAL Market Value?
16 December 2024 | 7 replies
With this national exposure the investor producing the highest LEGITIMATE bid has just established “the market” price.I have found some strategies effective in building real wealth through real estate investing1.