Kevin Jorgensen
The big mortgage argument
27 February 2017 | 15 replies
pick your date market crash' at some point in the future, and presume the rate is 7% at that time....And let's say for arguments sake, that I'm prepared to trade my home in for a million dollar home today, with that lovely 4% rate........In the future, my buying power is reduced by that substantial raise in rate, so much so, that in order to buy that same home it would have to depreciate by 200k PLUS whatever appreciation that home receives prior to the 'pick your date market crash.'
Eric Koulpasis
Looking forward to meeting new associates
4 March 2017 | 2 replies
I found BP about 19 months ago and I still am just learning while I recover from a heavy medical experience.in fact, the reason I found BP was because I was on-leave from work and knowing I would have to do something that was more flexible and was made up of something I would enjoy doing.
Brian Filmore
What is your opinion of Trump affecting RE investors confidence?
11 March 2017 | 32 replies
Jobs are the key to reducing crime, increasing wages and increasing immigration.
Sandy Uhlmann
Lease Option vs Seller Financing vs Contract for Deed?
1 March 2017 | 12 replies
- There A LOT of other deal types that require little cash and are easier to do than lonnie deals.Alternatives:- buy the park- buy MHs on their own land (we own 20 or so, all are on rent to own, seller will finance to up the quality of the tenant and reduce turn over).- Stay away from MHs all together: direct mail expired listings of nicer homes in good school districts with the deal type being lease / option or buying subject to.
Steven Taylor
Long time lurker, new investor.
4 March 2017 | 5 replies
My brother, who will act as my property manager, handyman, and generally handle all of the in person activities associated with the properties will be staying in the second unit of property two with a reduced rent in place of all he is bringing to the table for me.
Peter Morrissey
How is Cost Basis for Depreciation Determined?
27 February 2017 | 3 replies
If you want to get the most out of your depreciation deductions you should have a cost segregation study done on the property which will identify assets for accelerated depreciation which significantly reduces your tax liability.
Mike York
Choosing between potential tenants
1 March 2017 | 6 replies
Maybe select the family with the highest income to reduce non-payment chances.
Brandon Almanza
I own 1 rental property but need money to buy a home
2 March 2017 | 10 replies
Or buy a duplex in your current location with the owner's unit large enough for your family, and rent the other side, thereby reducing your cost of the larger house.
Garrett Masiulis
Need to learn about taxes
27 February 2017 | 2 replies
Is there anything I can do to reduce taxes paid on the capital gains from appreciation?
Elijah Jay Dangerfield
If forced to restart..how would you do it?
3 March 2017 | 33 replies
If you "use" those funds, even if you have to pay for them, with multiple uses, you only have to pay once for them...which means the cost/use is reduced with each use.C - Understand that money isn't a noun, it's a verb, and when it becomes a noun for you...you lose, but the most important of all is....D - Learn the meaning behind this sequence of numbers................................ 1073741824