28 May 2021 | 5 replies
Keep making the savings grow so you have some leverage and leeway when making offers in the future.
19 May 2021 | 6 replies
This is a good start to ensure the tenants are paying, expenses are not out of the ordinary, and a timeline for when tenants leases are up for renewal.
18 June 2021 | 14 replies
BRRRR is the most efficient way to start/grow a small portfolio, but impatience expressed financially is debt, so you can't be shy about racking up mortgages.Once you get going with BRRRR you will get to a point fairly rapidly where your personal income streams that exist now could not cover your debt service payments for your investment properties and how far past that point you are willing to go will determine your growth potential.
22 May 2021 | 11 replies
Start with someone who you’re comfortable with and will work with you and educate you - not just for this deal but to grow with you as you build your empire.
20 May 2021 | 8 replies
@Holly I HansenMoving from a single family property to units throws up red flags to underwriters unless you lay out the reason (and the reason can't be because I want to grow my portfolio).
25 July 2022 | 9 replies
This was exasperated when the socialist Labor Party took power in the 1950s, and raised capital gains to where the tax on ordinary income was, 89.9%.
28 July 2021 | 10 replies
I love learning and growing and real estate has always been a passion of mine.
19 May 2021 | 3 replies
From there just start growing your network with referrals and trust your gut but do your due diligence.
23 May 2021 | 9 replies
Yea, I wasn't intending to manage for others this year but it fell in my lap as a friend's fiancee has her old place she wants to rent out... so I thought I could help a friend out when they asked and get outside my comfort zone and grow a little.
10 June 2021 | 16 replies
Its 25% (or i think your ordinary rate, whichever is lower --- but usually people aren't that low I think..).