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2 March 2024 | 8 replies
The property should generate about $200/month in cash flow at the current rent.
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4 March 2024 | 5 replies
Next would be looking at your income situation.
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4 March 2024 | 11 replies
They provided insights into rental income expectations and market trends, which helped me identify 'good deals' that aligned with my investment goals.
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5 March 2024 | 12 replies
It's definitely not a terrible idea to own real estate outside of a retirement account so you can take advantage of all the tax benefits, especially using the depreciation to reduce your taxable income from a w-2 job.
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2 March 2024 | 6 replies
Note, my contact info is not listed as I could care less about generating traffic.
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4 March 2024 | 2 replies
I am looking for the passive income and financial freedom.
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4 March 2024 | 3 replies
The extra five months of rent income would have covered 50% of the renovation and saved me a lot of time and struggle.
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3 March 2024 | 36 replies
They want high volume agents to generate income for themselves, and increase their stats.Yes, as a Realtor (not all agents are Realtors), you have to abide by the Code of Ethics.
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4 March 2024 | 10 replies
Quite literally, if the rental income is equal to or greater than the PITI, it'll qualify (with some exceptions of course). 75% LTV is typical, but I have worked with lenders willing to do 80%.
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5 March 2024 | 28 replies
(newbie here) 10% NET income based on cash purchase.