25 January 2025 | 24 replies
If someone doesn't pay their rent, then it can take over a year to evict them, and then I'd be left paying that mortgage and fees for a lawyer, etc.
26 January 2025 | 5 replies
The reverse mortgage company wants buyout and I dont have over 200k to pay out.
23 January 2025 | 11 replies
@Daniel MadhavapallilYou should hire a tax professional.
24 January 2025 | 17 replies
Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.
25 January 2025 | 24 replies
BUT...if you're American and can still get loans in the US (the silver lining of having to still file US income taxes while living abroad), then why not use leverage?
25 January 2025 | 4 replies
We almost went with a loan that we have to pay all the cost upfront and then get reimbursed on the back end and that was just not something we were willing to do.
25 January 2025 | 155 replies
I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.
24 January 2025 | 36 replies
They remit the taxes.
24 January 2025 | 12 replies
The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!
26 January 2025 | 14 replies
There were lease violations disrespecting the other neighbor's leased space and harassing the other neighbor and they smoked in the property against lease, lied about conversations, has made up stories about plumbing issues that plumbers couldn't find causes to, tried to get a dehumidifier and force me to pay, accused me on two different occasions very agressively in regards to the heat/electric service.