Hi All, I just arrived to Austin, TX. I have cashed out several rentals in Chicago, as the numbers did not really work well. In addition, those rentals were with 10 y.fixed, so cashflowed minimally. In any case, I am ...
I was having a conversation with a partner on some of his SFR properties in regard to depreciation strategy. He owns three SFR with a monthly cash flow of ~$2600. Two of the properties are paid off and one has a mortg...
Should I create a second bank account for my rental money to go into or should I just use my current bank account for all the money that's coming in ?
I am currently trying to learn the basics of real estate investing. For a start, I'm about to read Brandon Turner's "How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started". Up next in my readi...
When I was in college, I took an economics course. While I only got a “C” in the class, one thing I did takeaway was the concept of “Supply and Demand”. In my 25 years of investing in distressed second mortgages, I...
Would you take a deal that results in zero cash flow but doesn't require you to put any money down? I have a 4-plex that I am considering buying from the owner. He has offered to finance the deal and I have negotiat...
This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...
Seller Financing Offer
Purchase Terms
1. Purchase Price: $215,000
2. Down Payment: 20% of the purchase price, equal to $43,000
3. Financed Loan Amount: $172,000
4. Interest Rate: 6.5% per annum (fixed)
5....