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26 July 2024 | 10 replies
Whether you're trying to sell or lease the unit, a prospective buyer/tenant will be IMMEDIATELY turned off if the current tenant opens the door and says, "What the heck, I was never told you were coming."
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25 July 2024 | 14 replies
The property is just a hassle (and some years it's an alligator), and I'd like to get it off my hands and put the money elsewhere.
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23 July 2024 | 10 replies
My brother and I want to get into real estate investing for passive income, and we’re thinking about starting off with a duplex in a year or two after saving some money, that we can live in and rent other unit(s).
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25 July 2024 | 2 replies
So could I just use my HELOC to pay off the card right before they report my balance to the credit bureaus each month?
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24 July 2024 | 1 reply
There is also one big issue with your tax projection - the taxes of $280 are based on the vacant land taxes and will likely go up to ~$2000-$3000 in a year or so when the assessor catches up with you.I realize there is a 1031 involved so a real estate purchase is necessary, but you should compare your ROI to a safe yielding instrument like a 10 year T-note or AAA corporate bond yield.
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23 July 2024 | 5 replies
Write down your goals, plans, and systems on paper.
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24 July 2024 | 38 replies
The seller was trying to pay a large amount of taxes and had had not really stayed on top of his manager so I asked for the free six weeks to bring it up to full swing.
25 July 2024 | 3 replies
First off you have about 20 hours of videos before you even begin.
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24 July 2024 | 4 replies
It's a bet on the future appreciation, maybe generates enough income in the meantime to pay taxes and insurance, chances are no cash flow.
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25 July 2024 | 2 replies
I had many on Bigger Pockets that initially thought I was off base, cruel and heartless..