Carol Lam
Wealthability program testimony?
29 May 2024 | 27 replies
If I had to try and sum it up it would be: Form a corporate entity for asset protection; buy properties using leverage to maximize the use of your money; write off your expenses through your business including depreciation, taxes, insurance, repairs, etc to maximize your tax deductions.
Austin Jones
Accountant / Accounting Platform for Small Investor
28 May 2024 | 13 replies
I'm looking for a version that I can buy outright and continue using without the need for annual subscription renewals.
Krishn JAISWAL
New Investor from Albuquerque, NM
27 May 2024 | 32 replies
I have done several buy and sell of land, residential, commercial.
Timothy Nako
Duplex Unit Not Renting After 6 Months
29 May 2024 | 9 replies
When buying the property we saw that the previous owner had a hard time renting the property but we thought it was due to the listed price.
Todd Swalin
Transferring property with a mortgage
28 May 2024 | 5 replies
For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.
Rakesh Battula
New Investor Here - Analyzing Multifamily Properties
28 May 2024 | 19 replies
So keep an eye out for any major improvements needed in the first few years of your ownership (roofs, exteriors, HVAC, electrical rewiring, etc) Things to know before starting: Make sure you buy at a basis in-line or below market comps (on a per unit or rent multiple basis).
Chukwuma Egbuzie
Tear down multi family
28 May 2024 | 3 replies
My contractor told me not to buy either as he wasn’t interested in the jobs.
Richard Hoyte
Having trouble understanding where the profit is
27 May 2024 | 14 replies
Imagine if you buy just 1 property every 5 years, by the time your ready to retire thsi is life changing money.
Mark Humphrey
Financing an Income Producing Property
28 May 2024 | 8 replies
To me, this is something you would just buy as a unique primary residence, the only issue would be if you needed the income to qualify.
Clayton Mills
Small Land subdividing
27 May 2024 | 5 replies
I'm looking to target parcels around where I live (in the Midwest) to buy and subdivide into a minor subdivision to sell to builders.I am seeking help on what criteria I should be using to filter down lots for this goal.