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30 July 2024 | 8 replies
I reviewed the IRS publication 523 for additional guidance but it's not clear to me (non-tax fellow) if I am exempted from capital gains.
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1 August 2024 | 6 replies
However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.
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1 August 2024 | 22 replies
My impression is their students have a decent beginner level understanding of how to market and ask general questions of potential note sellers.
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29 July 2024 | 0 replies
Additionally, I’ve had several successful viral posts on Reddit that indicate a genuine interest in the concept.Questions for the Community:Which approach do you think has a higher chance of success in the real estate technology market?
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30 July 2024 | 18 replies
Once you find a house that you believe would be a good rental, meaning desirable to your target market of customers (people within a couple of mile radius of the place), and all of the costs of monthly ownership that you can accurately project fall below the rental amounts that you project that you can get from your target customers, then you have a possible business asset that you can use to produce income, and have renters pay down the mortgage, while hopefully it goes up in value at least with the rest of the economy.
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28 July 2024 | 7 replies
Additionally, there are many operators who simply don’t have that information.
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1 August 2024 | 19 replies
Quote from @Cesar Garcia: So I'm thinking of purchasing a house out of state since my hometown market doesn't make much sense to purchase in.
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29 July 2024 | 19 replies
Additionally, what are your experiences with finding Private Money vs.
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28 July 2024 | 8 replies
I’m here to help build my team. include my realtor tax professionals And everything I’ll need to buy my first multifamily unit and then add additional ones thereafter Welcome aboard bro.
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1 August 2024 | 29 replies
Im a South Shore guy and the market here is nuts right now.