Chester Davis
Spreadsheet for Low DTI, small but mighty
13 February 2024 | 5 replies
Because of those concerns I think that a modified Brrr makes sense so that acquisition and rehab is covered in cash and ending with a low debt to income ratio.
Hannah Vohs
10 Mistakes Every Real Estate Investor Should Avoid
14 February 2024 | 0 replies
Some of the benefits of investing in real estate are given below:Investing in a tangible asset that has historically appreciated over timeSpread risk by diversifying your portfolioIt can be a source of passive income, with minimal effort through short and long-term rentalsReal estate investment properties have typically been resilient against inflationDepending on investment type, tax benefits can be availedThanks to these (and more) benefits, you’d think investing in real estate was a no-brainer, and in most instances, you’d be right!
John Acheson
How to get a $100K tax deduction on $300K investment?
13 February 2024 | 2 replies
Hey @John Acheson, Dont let the tax tail wag the income dog!
Jacklyn Robins
Looking for some guidance on scaling your portfolio
14 February 2024 | 19 replies
Find a way to increase income by $20 per unit per month with 20 units, and all of a sudden you're making the same added profits as if you purchased 2-3 more units. 2) What is the length and depth of your track record (how long have you been at it, how many units do you have)?
Bok O.
Hotel investing
14 February 2024 | 26 replies
If you plan to hire a property management company, your most likely going to simply be an investor and just get passive income.
Bhagya Saha
Should I find the agent first or general contractor?
13 February 2024 | 7 replies
The reason for going into SFH to duplex conversion is to generate more income to make positive cashflow rental properties.
Jordan Kelly
Wyoming dynasty trust
11 February 2024 | 3 replies
So I recently learned that some states don't have any income tax.
Luke Crouterfield
How do I start with 220K?
13 February 2024 | 28 replies
That means that whatever the sum of the Principal + Interest + Monthly Taxes + Monthly Insurance comes out to be, as long as the rental income exceeds that then it will qualify.
Stuart Getz
Newby looking to make connections!
13 February 2024 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Lou Benveniste
Starting out in Orlando, Florida Searching for My Path
13 February 2024 | 14 replies
I'm currently working as a network engineer and would like to start replacing that income with financial freedom in real estate.