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26 February 2024 | 24 replies
My STR property manager can run an income analysis broken out by projected monthly rents (winter, shoulder months, summer, etc.) if you're interested.Happy to help!
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26 February 2024 | 12 replies
Yes can do it 25% down on DSCR no income no doc .
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25 February 2024 | 5 replies
QuickBooksQuickBooks can be a good option for tracking the financial aspects of your deals, such as downpayment, funding sources, mortgage details, and cash flow.Pros:Widely used, with robust reporting features.Can track both income and expenses, making it easier to manage the financial health of your properties.Offers integrations with banks and lending institutions for easier transaction tracking.Cons:There might be a learning curve if you're not familiar with accounting software.May require customization or additional apps to track all the specific real estate details you mentioned.3.
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23 February 2024 | 3 replies
I can add my mortgage, retirement accounts, income, bank accounts and credit card accounts.
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26 February 2024 | 11 replies
In fact I assume that there are probably many many property owners who are not realizing their dream of a passive income property there.However, I'm a veterinarian not a real estate expert!
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23 February 2024 | 15 replies
I've been scolded by several people for doing my own taxes lol...My other investor friend pays a CPA $1000 just to do her returns but that person is semi-retired and isn't taking new clients.
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25 February 2024 | 4 replies
I live out of state and will be using this as a rental income property.
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26 February 2024 | 8 replies
Every time my previous homes I've lived in come back on the market, I always go to see them.
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25 February 2024 | 0 replies
If, in principle, I can make it so that I have extra income left over after deducting all expenses, I have a positive cash flow.
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23 February 2024 | 6 replies
The reason is that you are paying a 10% withdrawal penalty AND income tax on the money.