Chet Hingle
Return on Investment - What's a minimum?
If I spend 50k on a rental, and I want to do absolutely nothing to earn profit, what is the bare minimum annual % return I should expect. I thought it was 10%. Opinions welcomed.
Harry Allman
Waiting for New York Salesperson License Exam Results
Hi everyone,I took my NY Salesperson License Exam last Wednesday and I keep checking the website and it still says "Waiting for Score". Just wondering if anyone had this as well. I'm assuming things are different now ...
John S.
Has anyone had success purchasing directly through the listing agent? [story inside]
So quick story.. I recently found a duplex in my area (Long Island, NY) that was exactly what I was looking for for an investment property. It was in exceptional condition and needed very little upgrading, except for ...
Bryce Richardson
How to start??
Hi there,Hoping to get some advice on where to start. I am a dentist that is not wanting to rely on my clinical day to day but rather build my wealth in real estate.. My wife and I have one rental property that we cas...
Patrick L.
Should I evict this tenant
I have a tenant in one of my $500/month 1 bedroom apartments that I recently gave a 3 day notice to. Normally she would have gotten it much earlier in the month but she told me at the beginning of the month that she ...
Joe T.
Screwed by lender, any recourse? Out $2200
So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
Brian Wall
Why do I have to view a property before agent will submit my offer?
So, I recently started making many more offer direct off the MLS than I have before (I am an agent submitting for an investor client). I am getting a lot of "resistance" from listing agents saying they will not submi...
Alex Williams
$2 million to invest - need $20k per month
I am the trustee of my father's trust. He has $2 million available and I need it to make close to $20k per month to cover his monthly expenses. This must be fairly passive. My idea I am toying with is to invest in $2 ...
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Joseph Shuster
Negative Cashflow - STR
I finished a BRRR in the Smokies- now I’m short term renting it out. Losing money but created a ton of equity.
House is amazing and I want to hold long term but hemerging a bunch of cash right now.
What do I do?
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