This was an audience question submitted by JoanP, and thank you very much! Cashflow is an important part of real estate investing, because when you are earning more than what your monthly costs are, now you’re in business. Monthly cash flow is the amount of net cash left over after covering mortgage, repairs, taxes, insurance, etc. The carrying cost for
If you are getting started in real estate, you may have started out like I did with absolutely no tools and a gleam in your eye. This is an vlog for investors by investors, to give you the straight, first hand account of the best new tools to just go ahead and buy, because you WILL need them if doing
This subject will come up within your real estate investing, and I want to give you my personal experience and how it can work for you. The question is asked as far as what is an llc, and how is it used in asset management. I personally choose to register my properties and care for them within my LLCs, which
Here are some concepts to keep in mind that has major tax consequences, as well as major consequences for obtaining mortgage loans for your investment properties. Make sure when looking at your adjusted gross income, that the underwriters add back in depreciation for your total income allotment. As a real estate investor, one of the benefits is the huge tax