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2 April 2024 | 10 replies
Here are some considerations regarding the tax implications and getting started in real estate investing:Tax Implications: Cashing out stocks may trigger capital gains taxes, depending on factors such as your income tax bracket and how long you've held the stocks.
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2 April 2024 | 9 replies
(Granted, I realized after I created the verbal agreement on price with texts for proof and the lease that I didn't apply the discount I had advertised online.
3 April 2024 | 12 replies
-I should add that his military BAH would cover the cost of whatever we rent at our next location and I can cover our current mortgage with my monthly income.
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3 April 2024 | 18 replies
My question is, is it hard to get started and make good income as a real estate agent?
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3 April 2024 | 7 replies
Serious buyers, but need guidance on neighborhoods to avoid, what may be for sale now that is already income producing, areas to consider, etc.Thanks!
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3 April 2024 | 2 replies
I know it's talked about all the time, but I recommend people leave their equity and focus on increasing income, cutting expenses, and saving for the next investment.
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3 April 2024 | 10 replies
I will rent out this new house, covering my mortgage payments with the rental income and steadily building equity over the years.Let me know if you are interested in doing something like this in Southern California, I have my team (brokerage, lender, architect, GC) ready to go.
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3 April 2024 | 0 replies
Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.
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3 April 2024 | 9 replies
Some more info on DSCR rates and how they're calculated:DSCR loans won't use your income to underwrite the loan.
3 April 2024 | 3 replies
What I’m really intrigued on doing is getting a short term rental, mainly because of long term appreciation and I can depreciate the first year and potentially reduce my other businesses income so there would be a tax savings there on top of some monthly income coming in.