25 November 2019 | 10 replies
What's most interesting is wondering if there are $50,000 plots of land where you could build a 2/1 at under 1,000 Sq Ft for a better price than the cost of your rehab and generate an ARV of around $100,000 or even more.
18 August 2021 | 55 replies
Most times the car has to be turned in if the lease was taken after the loan paperwork was generated.
7 January 2020 | 4 replies
Additionally, any losses generated from other properties during the year of sale will also be able to offset that gain.
5 February 2020 | 95 replies
I love post that generate this much good conversation.
7 January 2020 | 13 replies
As for taxes, your cash-flowing real estate investment will generate losses in the early years, due to depreciation and mortgage interest write-offs, and it will SAVE you taxes.
9 January 2020 | 4 replies
You will find that the floorplan and general "look" of all homes from 1990 to 2020 is fairly identical, so I would find a good used one with at least two bedrooms (one BR is simply too small).I would pay cash for it (assume maybe $15,000 for a 1990 one in good condition) as the interest rate on the loan will be higher than any investment that same money could generate.
26 February 2020 | 5 replies
I plan on charging the tenants the monthly cost of the generation which is about $40 and if they use more electricity I would bill them as well.
28 February 2020 | 60 replies
Now, this would create a ton of other problems, basically cratering an over-indebted financial system, BUT it would also transfer wealth/buying power from boomers who own property in these cities to younger generations.
1 March 2020 | 6 replies
You're paying $525K for an asset that will generate $3.8k in rent, that's low (see the 2% / 1% rule)2.
1 May 2020 | 0 replies
We must focus on lead generation each and everyday if we hope to grow our business.