If im living in one home, applying to move to a second one, how will the VA apply my income if I intend to rent out the first home after I move out of it? do they require a lease showing a tenant will move in and then...
When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,
Hey all! Just last night I took the plunge and posted my very first rental listing. I've spent weeks reading and preparing for the tenant screening process ahead and right off the bat the first response I get is as fo...
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
If you have any success or experience with the BRRR strategy I would love to hear about it! Do you like it, what are the challenges? Thank you!My situation:I'm having a hard time understanding the refinance (last ste...
I agree with J Scott that there is both passive investing (buying and holding real estate for long term wealth building) and trying to build an active real estate business.
Between working as a real estate agent vs s...
Does a place like that exist outside of a real estate investors fantasy or a CPA's nightmare? Imagine what your cash flow would be without income & real estate taxes!
YES!
Turks & Caicos, an...
Hello Everyone,I currently have 2 rental properties averaging $3,300/month in cashflow. I have 1 mortgage in my name (about $1500/month). My income is on the lower side since I have declared smaller amounts since 2022...