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2 January 2023 | 13 replies
There are too many great tax benefits for RE investors that are overlooked by tax professionals who do not have the time, knowledge or ability to be strategists for investors.
30 December 2022 | 5 replies
Ask yourself if the damage affects the long term ‘hold-ability’ of the property?
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3 January 2023 | 19 replies
it's just easier than the more advanced strategies...House hacking still takes significant due diligence, skill in analyzing the market and the property, time and effort to learn about tenant screening and property management, the ability to anticipate appreciation/depreciation trends, etc., etc., etc....and even with lots of skill and preparation, things will still go wrong (vacancy, plumbing leaks, bad tenants, etc.)
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2 January 2023 | 8 replies
For example, if the investor put down a 20% down payment ($60,000) on a $300,000 property, the cash on cash return would be calculated as follows: Cash on cash return = $12,000 / $60,000 = 20%.Debt service coverage ratio (DSCR): The debt service coverage ratio is used to determine the ability of a rental property to generate enough income to cover its debt payments.
4 January 2023 | 19 replies
The most they can do is pass a bill that tightens regulations on tax hikes, pass a law that allows residents of Texas to vote on tax increases in their local community, or increase state funding for public education (the largest item that property taxes cover).
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8 September 2018 | 106 replies
Keeps me connected to the game, growing in my abilities, is a reason why I work out because the kids age stay the same but I get older every year, and finally I want to be able to do it whenever I want.
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10 August 2020 | 8 replies
for those that qualify and have the ability to stick to their program is a great program.
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15 November 2019 | 18 replies
I have chosen to focus on MHP as a more recession resistant asset class, along with conservative underwriting and low leverage, which will all contribute to the ability to weather the next down cycle.
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10 October 2019 | 8 replies
The real benefit will be the ability for those who are able to move often to keep buying and living in a property for at least a year, then moving on to buy another to start it all over again.
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20 January 2020 | 18 replies
There is nothing wrong with that.It is all about leveraging "knowing your abilities" and "keeping realism in check".