All Forum Posts by: Brett Lee

So I got a pretty odd text message from a tenant last night. Basically he said the neighbor has a bull that is eating and destroying all my trees that line the property. Also the bull keeps getting out and is trashing the yard (i.e. huge hoof prints throughout yard). Bull has been out in drain field area of yard etc and there are huge prints everywhere.

Apparently the neighbor doesn't think its a big deal at all and the problem keeps occurring.

Not sure what to do about this issue. Any advice would be greatly appreciated!

I am planning on doing a heloc on our primary so I have available money for possible investments. Anyone know best current rates/lenders? Thanks

I am looking to protect my assets as much as possible. Wondering if i should form llc or if you have other ideas or strategies i should look into employing? Any advice would be appreciated

@Kevin Blanchard

which lender provided this quote? I would be interested at this rate

@Tim Johnson

Which lender is this? I would be interested in refinancing at this rate

@Sean McDonald

4% on rentals? Definitely interested!!

@Kai Van Leuven

To my knowledge most conventional lenders will let you recast a loan at least once. I did it about 2 years ago. My mortgage company required that I pay a minimum lump sum fee of 10% of the balance of my mortgage. They did not charge me anything to recast the loan. In my situation I paid off $70,000 of the loan and had a tree casted which saved me I believe $300 + per month. If this is something you are interested in check with your lender. It was helpful for me during a time that I wanted lower payments and didn't want to be active investing or flipping houses at cetera

@Jon P.

to be honest I really just want to keep things fairly simple and replace as much of my salary with passive income as possible. I enjoy many aspects I'm serving the students that are in my program and plan on doing that for the foreseeable future. However it would be nice to be in a position where I can choose whether I want to work or not. Right now I don't have a choice and must work work work :-)

@Steve Vaughan

Refinancing now to get out of pmi. Luckily appraisal came in 100k over what we owe so i wont need to pay extra to remove pmi... Just monthly payment if i choose to do that.

@Luka Milicevic

Agreed! Looking for peace of mind of paying off primary. Then looking into ways to protect assets as much as possible. I have been listening to some Radical Personal Finance podcasts on Asset protection...