Moved to Austin for work and purchased a home in 2021 with just under 4% interest rate. Due to circumstances at the time I was able to put 0% down without PMI. Fast forwards to 2025 and I need to move again for work. ...
Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
Hi guys,In 2009 I bought a little 1 bdr 1 bath house in Idaho for 25K, now its worth about 120K.Its rented, I get $500 per month, but the tenants is planing on moving in a few month.Before this tenant I kind of had a...
BP,I need a little advice. I have an 8 unit property that I would say is in a B class location. I also own an 8 unit on the street behind it (It shares the same backyard). Therefore, in the future, If I ever did want ...
How passive can someone invest/own larger apartments? Say someone makes enough in their primary business to invest in larger apartments (40-200 units) and decides to hire a good 3rd party manager. How passive of an in...
Hi All,
I'm new to real estate investment and want to learn more about multi-family real estate investment. I came across Brad Sumrok's Rat Race 2 Retirement seminar.
1. I'm interested in attending but want to hear...
Hello everyone, what are some good tips to follow when fixing and flipping during the uncertain times coming up and reduce my risk? Almost every indicator is pointing towards a slowdown / pullback. My biggest fear as ...
Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...
I need some advice on pricing rent for a ground lease with a 99 year term. Let me give a little background info first.My wife and I recently built and rented two houses on land belonging to my in-laws. The agreement...
I roughly have about 150k-175k in equity on my duplex that I owner occupy. I have talked to a few loan agents and can't make sense of how an equity loan would help. My initial duplex loan would go up (because they wou...