I'm more interested in holding out and renting out a property than I am flipping one, but if I did find one for a good enough deal and managed to get rid of it fairly quickly, what are the taxes like?
I suppose there...
Name 3 of your top business/ entrepreneur books/landlord booksThanks guys! I just finished reading 4 hour work week
Hi everyone! My name is Michael and I am seeking advice on how to go about my first purchase.I bought my first property as a primary residence for $258,990 with an FHA loan at a 4.875% interest rate. It's a one-story ...
I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
Anybody ever try this?
Suppose you got a guy selling a house asking 50k. If you put down 10k and get a 40k loan, your payment will be 250 a month.
If you were to offer 100k...
Hello everyone,I'm a new agent here in Los Angeles looking to network and chat with all of you.What advice can anyone give to new agents, where to get started, how to lead generate, etc. Thank you in advance!
Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
Hi everyone,I have a hypothetical for you and I am new here so I am sure this topic has been previously discussed somewhere in the depths of these forums so forgive me for just outright asking and not diving into that...
I am in the process of obtaining a HELOC on my primary, with plans to buy some rentals. I've been doing a lot of research on how to pay down the HELOC faster using it as a checking, and have some questions as things a...
I have a 16 unit apartment that got destroyed by hurricane Michael 9 months ago. We are getting rebuilt but have run into a problem with the second story floors. I want to go back over the plywood with vinyl plank flo...