Khyati Zala
New to Investing. Looking for guidance
18 February 2024 | 8 replies
Basic your business model on short-term rental income is risky in that, over the 30 years, regulations can and do change (not to mention oversaturation resulting from the high interest rates pushing investors to rent short-term to try to get any sort of cash flow).We have the same situation in Canada (less the 30-year mortgages) and that's one of the main reasons, aside from profitability, why I invest overseas like in places like Mexico where there is unlikely to be regulations anytime soon, neither at the governmental nor at the HOA level.
Kaitlyn Aragon
NEWBIE - BRR for my first investment?
18 February 2024 | 47 replies
I do understand if your W2 taxes are not high enough then this doesn’t matter but if someone is paying a lot in taxes BRRR or any house flipping strategy might also save on taxes.
Sean Ahn
Debating whether to sell a home or rent it out
17 February 2024 | 13 replies
However the HOA is very high ~$500 and it scares me to think about possible vacancy & the whole process of renting a home out.
Yaneph Maxwell
Help! Looking for an Atlanta TAX professional
17 February 2024 | 1 reply
To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
Lilly Fang
How to structure a subject to loan with a downpayment (house is on market)
17 February 2024 | 3 replies
I found several houses on the market with prices too high to sell.
Troy P.
Trying to sell home to tenant with no financial history
17 February 2024 | 25 replies
It's highly possible she's just not in a financial position to be a home owner so you can continue to rent into the future (does the property cash flow?)
Vijay Komar
Peter Harris Program
17 February 2024 | 9 replies
What turned me off was the extremely high pressure tactics of the person who calls you for the interview.
Steve Castagnetta
Multi Family best locations for growth
17 February 2024 | 7 replies
It's kind of the same deal in Nashville, Phoenix, Tampa Bay, and Raleigh-Durham—jobs are growing, but houses are scarce, so rents are crazy high.
Olivia Cannizzo
First Time Home Buyer Needs Advice
17 February 2024 | 2 replies
With townhomes and condos not appreciating as much and rates still high - I want to make sure we're making a good long-term decision by buying instead of renting.