093. Grow Your Real Estate Portfolio Faster With THIS Concept

29/07/2024 14 min

Listen "093. Grow Your Real Estate Portfolio Faster With THIS Concept"

Episode Synopsis

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode of the Learn Like a CPA show, Ryan Bakke delves into the critical concept of the debt-to-income ratio (DTI) and its impact on real estate investors' ability to scale their portfolios and achieve financial goals. Ryan offers practical advice on how to calculate and manage DTI, the importance of lender relationships, and strategies for maintaining borrowing power. Key topics covered include: Calculating your debt-to-income ratio Importance of maintaining a relationship with your lender Differences between short-term and long-term rental income Strategies for depreciation vs. repair expenses Importance of liquidity in your investment portfolioTimestamps:00:00:00 Intro00:00:47 What is Debt-to-Income Ratio (DTI)00:04:37 Short-Term vs. Long-Term Rental Income00:08:12 Depreciation vs. Repair Expenses00:11:55 Liquidity and Access to CapitalWant me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaInterested in working with me? Apply here:► ⁠⁠http://taxstrategy365.com/applyLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa⁠⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.