1/5: 💸🤔Are you taught that all debt is bad debt? Let me tell you why that's not true.💸🤔
2/5: As a real estate investor, I take out mortgages for almost every property that I own. This is called income producing debt. Here's why it's so great:
🧵Are you familiar with the Augusta Rule in taxes? If not, you might be missing out on potential savings. Read on to learn more! 💰💼👀
1️⃣ The Augusta Rule is a tax provision that allows business owners to host business meetings or events in their homes and deduct related expenses on their tax returns. 🏠💼💰
Are you dreaming of buying your first rental property but feeling overwhelmed by the numbers? Don’t worry, I got you covered. Here's how to do a simple and fun rental property analysis that will help you make smart investment decisions.
#realestate#investor#rentalproperty
Step 1: Find out how much the property is worth. Use online tools like Zillow or ask a pro like an appraiser or real estate agent for a more accurate value.
1/ Did you know that 90% of millionaires are invested in real estate? That’s because real estate is one of the best ways to build wealth and achieve financial freedom. In this thread, I’ll share with you 7 reasons why you should invest in real estate too. #realestate#wealth
2/ Reason 1: Passive cash flow. When you rent out your properties, you earn monthly income without having to work for it. You can use this money to pay your bills, save for retirement, or fund your lifestyle. #passiveincome
1/10: Want to flip houses like a pro?🏠 You need to know the 70% rule! It’s a simple formula that can help you avoid overpaying for a property. Here’s how it works.👇
2/10: The 70% rule says you should pay no more than 70% of the after-repair value (ARV) of a home minus the repair costs. The ARV is what the home could sell for after you fix it up.
👋Hey, real estate investors! Want to find the right home that generates a positive cash flow? 🤔The 1% rule in real estate can help!💰Here are 10 points to help you understand and apply the 1% rule.
1️⃣ The 1% rule measures the price of the investment property against the gross income it will generate.
Want to make money in real estate without the headache of being a landlord? 🤑💼🏠 Say goodbye to rental property ownership and hello to these seven unconventional ways to invest in real estate.💸💰
1/ Invest in REITs - Own a small percentage of a company's real estate portfolio for as low as $10-100. REITs invest in different asset classes and offer general exposure to the real estate market.
🏡Looking to buy a home but not sure where to start with choosing a mortgage lender? Check out these tips to help you make the best selection for your finances. #mortgage
🤔Before you start your search for a lender, decide what loan terms you want. Do you want a 30-year fixed or adjustable-rate mortgage? Consider how long you plan to stay in the home and your future financial goals.
🧐 Thinking about the Dallas real estate market? Let's dive into the current state of the market and see what's happening.
➡️ In 2022, we saw a decrease in single-family home permits with a 34% decrease in December compared to the previous year.
🏠 The majority of single-family construction is happening in the suburbs where there's available land.
🏢 On the other hand, multifamily housing construction is picking up with an 86% YoY increase in December.