Hi all, I'm planning to get my Real Estate in Massachusetts soon this year and with the National Association of Realtors agreed to dropping the 6% commission rate, is this still a good idea?

Maybe from an asset based lender, or a private lender, just recognize the rates will be a lot higher.

I have done a few BRRRR's and can tell you the interest rates have sure made the strategy very difficult to cash flow.

Landlord friendly for the most part, prices are still reasonable and rent rates are good.

I wanted to confirm what you said both for myself and for other people who read this with the same question, so I did a bit of research to come up with the below example:If I make $10,000 a year from my property, do not pay myself to property manage, and I'm taxed on income at a rate of 25%, I'll owe $2500 in taxes on that, and keep $7500.If I instead pay myself through an LLC to property manage at a standard rate of 10%, I'll pay tax on $9000 at 25% ($2250).

Each class has different tenant pools, appreciation, turnover rates, etc.

If you are looking at more DSCR type options for a stabilized property, then you can layer in market or actual rent, taxes and insurance estimates to calculate DSCR rate.

Otherwise, there are still decent flips in this market with rates the way that they are.As for the volatility/crash potential, there are people who get paid A LOT more than me trying to guess that, but I think in the end, that is why we do real estate instead of solely stocks, etc. because of the perceived 'stability' of real estate.

Your best hope is that the four vacant apartments are Market Rate apartments, which I doubt.

On your profile put your location. 1-Get a great Realtor. 2-Get a great Contractor3- look at properties. 4-Save your down payment money 5- Get your credit rating cleaned up.