30 October 2025 | 3 replies
But reducing debt by paying taxes isn't always optimal.One thing you could consider would be to purchase the first replacement property cash and a mortgage on the second property, kinda like @Jason Wray had mentioned.
28 November 2025 | 29 replies
Thank you so much and appreciate your responses, when we kept the price high, few buyers said that it was high, and no grass at that point, so we filled with grass and taken care of clearing some bushes backyard, and kept reducing the price, now people are suspecious about pool, why we closed it, it was a plastic pool and was broken , dont want to put more, so we choose to close it, i dont know if i can do any with that now.yes I changed the agent to another one, its been a month.
28 November 2025 | 30 replies
I would save up as much as possible and try and reduce your expenses as well. $1500 a month living at home seems excessive.Save up to 50 or $100,000 and educate yourself during this time then start to see if real estate investing is for you
17 November 2025 | 8 replies
Crews, overhead, incidentals, accidentals, the whole nine.
29 October 2025 | 2 replies
My experience is that offering less than what's normally expected will greatly reduce the quality and number of prospective tenants interested in your rental.
12 November 2025 | 1 reply
Or do you think it’s unnecessary overhead for most investors?”
22 November 2025 | 2 replies
Having higher deductibles can reduce the payment.
26 November 2025 | 4 replies
-- AND the practical thing: Clean up my credit rating by (a) increasing available credit (without any hard pulls), and (b) clearing as much open debt as possible to reduce credit utilization (and then keeping it clear!).
26 November 2025 | 10 replies
Quote from @Steve Wilson: I'm getting ready to start investing in the Port Huron market in SE Michigan and had a question about depreciation; I spoke with a CPA who told me that unless I'm a Real Estate Professional, I can only use depreciation to reduce the taxable income from my investment property, whereas Real Estate Professionals can use their real estate income to reduce the taxable income from their W2 job as well.
29 November 2025 | 5 replies
By reducing your down payment, you free up cash to make other investments down the line.