Justin Melton
Tv for str
7 April 2024 | 9 replies
We haven’t had a guest yet, what do you recommend for a tv provider if any or just let them use free tv apps and login to their own accounts?
Sree Todu
1031 Exchange Question
8 April 2024 | 5 replies
This must be done carefully to provide maximum benefit.
Don Solt
Tax Filing Advice for Family Member Living in a House (TurboTax filer)
8 April 2024 | 2 replies
However, from what you've provided, it sounds to me like you would just treat it like a regular rental property.
Erik R Aho
Looking to get into REI, starting with $140,000.
9 April 2024 | 67 replies
There are properties across multiple-markets out there... which can provide a nice positive cash flow while only using a portion of your available funds.
Waleep Alvi
Shower door or shower curtain?
8 April 2024 | 20 replies
With shower curtains, it's much easier to throw out the old curtain and put up a new one (that is if you're providing the curtain).
Codey Wendel
House hacking with a high interest rate
8 April 2024 | 37 replies
And, house hacking is a completely unique strategy because it's also providing you shelter.
Ornella Kaneza
50k in equity and want to pull and invest
8 April 2024 | 4 replies
Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.
Jose Vasquez Dickson
Selling a mobile home rented land in TX
6 April 2024 | 1 reply
In the past, I've found them to be good sources of referrals when it comes to real estate agent who specialize in working with sellers with land as well as mobile homes.
Tom Server
Tenants not paying electric bill, owner is responsible
8 April 2024 | 2 replies
Where the electric is provided by the city they have additional power to lien the property owner, some places will not even send the bill to the tenants only the owner.
Zane K.
200k Purchase Price Seeking Cashflow
8 April 2024 | 22 replies
Hi Zane, Texas is ok for cash-flow but nothing special.