Benjamin P.
What to do with 20k
14 February 2024 | 5 replies
Investing in REITs provides an opportunity for dividends and potential appreciation.Rental Property:Purchase a rental property and earn income through monthly rent payments.
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 1 reply
It’s important to ensure that the borrowed funds are directly used for the acquisition or improvement of the rental property to qualify.Other Considerations:Equity Use: Ensure that the use of equity from Property A for Property B aligns with your long-term investment strategy and does not over-leverage your investments.Loan Terms: Consider the terms of any loan or line of credit carefully, including interest rates, repayment terms, and any potential impact on your cash flow.Conclusion:Leveraging equity from one investment property to purchase another can be a powerful way to expand your real estate portfolio.
Jack P.
Using home equity loan plus 401K loan for new primary in HCOL area versus renting
14 February 2024 | 1 reply
If the financial risks associated with Option 1 are within your comfort zone and you're confident in the rental income covering your new debt obligations, this could be a viable path given the potential for immediate home appreciation and avoiding multiple moves.
Daniel M.
Need Urgent Advice - Complex Situation with Duplex Offer
13 February 2024 | 14 replies
This morning, before heading to my W2 job, I contacted some local electricians and building inspectors to assess the situation.
Owen Dashner
Best PPC Management Vendor?
14 February 2024 | 3 replies
I recently switched our site over to Carrot, and I would like to look at another potential vendor than the one we previously used before we crank up our marketing again.
Francesca McKinnon
New Member from Philadelphia Suburbs
14 February 2024 | 5 replies
Actually, given the opportunity to generate rental income and the potential for risk reduction via diversification, modest multifamily residences could be a prudent investment.Kindly feel free to ask any specific questions or seek advice before starting your next real estate venture.
Anthony Swain
Re-appraisal, or not to reappraisal...that is thy question?
14 February 2024 | 2 replies
Is it worth getting another appraisal to potentially have lender remove PMI based on renovations?
Hannah Vohs
The Best Long-Term Real Estate Strategies Made Brief & Simple
14 February 2024 | 1 reply
Investors must clearly understand the local real estate market, renovation costs, and potential resale value to succeed with this strategy.REITs StrategyReal Estate Investment Trusts (REITs) are a type of investment that allows investors to purchase shares in a real estate portfolio managed by professionals.
Sam Abe
Leasing Company not disclosing information
14 February 2024 | 3 replies
Then how do we decide if we should rent to the potential tenant and not just rely on their review.
Ananda Kumar Raji
Any local investors in New Jersey
14 February 2024 | 12 replies
True .. but these are the two county I confident about market and it’s my neighbor county.. any advise on any small town or county that has potential or growth.