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5 February 2025 | 7 replies
For lenders, I have access to private money lenders or if you want to go the traditional route, I recommend checking out Coast to Coast - Jeff Weller.
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21 January 2025 | 13 replies
How much money do you have for a down payment for a new rental and how much can you borrow?
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17 February 2025 | 5 replies
Check passive loss rulesTrack carryforwardsMost small landlords will simply:Take the simplified $5/sq ft deductionClaim it if they have net rental incomeSkip it if they're already showing lossesPro Tips: 💪Use the simplified method - it's $1,500 max (300 sq ft × $5)If you're showing profits, take itIf you're showing losses, don't botherKeep basic photos/documentation of your spaceThe Bottom Line: 💰If you're making money on your rentals and genuinely use a home office, this is a nice extra deduction.
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25 January 2025 | 12 replies
STRs are a great way to make money, that's for sure...but it does not come without risk.
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28 January 2025 | 13 replies
I tried it in an apartment complex and it was an absolute dumpster fire and lost a lot of money.
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16 February 2025 | 11 replies
A good investor's agent knows when its necessary to request repairs or even concessions to offset the cost and even have repair money escrowed for the buyer to draw from after closing.
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2 February 2025 | 6 replies
So I spent money and did not see anything from the inside?
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21 January 2025 | 11 replies
Money is money.
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23 January 2025 | 6 replies
The predicament we are in is the property is not in the condition to charge that much for rent and we would also leave a lot of money in the deal once we refinance if we cannot get in there to fix it up.
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16 February 2025 | 7 replies
Maybe $100 but thats not including saving any money towards unexpected expenses...