All Forum Posts by: Peter Morgan

@John Clark

I have $30,000 reserved in a savings account for roof and HVAC. If I rent my unit I can get anywhere between $7000 to $7500 in monthly rents. If I refinance or take HELOC the interest rate is very high. Also with talks about a market correction it was tipping the scale little bit towards selling.

@Nate Sanow

Capital gains should not be a big issue since it's also my primary, besides I will also have some capital losses to cover the gains on the rental units. You are right on my mortgage interest rate it is at 2.5 and this low rate has earlier stopped me from selling. I am sensing more pain down the road with further property tax increases (but I will never know for sure) I may also have to replace both my HVACs next summer and possibly 16 year roof old in a few years and I probably need to relocate due to my job.

Hello,

My PITI was $3200 and now suddenly increased to $3700 because of a recent property tax rate increase. Property tax is a whopping $15000 per year now not based on assessments.I make decent rents close to $5000 while living in one of the units in the triplex. The home is worth a million and the principal left to pay is around 510k. Can I do better than this. Would it make sense to sell now and reposition in markets with lower property taxes? Appreciate your inputs on this

@Mica Moore

I am in exactly same position and I have been considering Tesla Solar roof to replace current one as it also offers other benefits in tax savings and reduced electricity bills, I even read a post here in BP from someone a solar roof investment can even cashflow few hundred dollars with 0 down but interested to hear what others think here as of today.

@Alex Forest

Sofi with a direct deposit

@Kathy Utiss

Thanks I will Google that, I was just trying to toy with the idea of treasuries at least for short term until I identify investing in anything worthwhile in the market

@Greg Scott

Thank You! and Makes sense, I guess it probably makes sense to invest in T-Bills

for short term until fully getting educated in Syndications. I have few more questions and

Appreciate your inputs

1) Given there is a lot of talk going on about real estate crash and recession is it still a good time to invest in Syndications?

2) Is comparing Syndications with Index funds(Bogle way) an apple to apple comparison? Which of these investment vehicles can provide better returns?

3)What is the best to get educated about Syndications?

4) Are High Yield ATMs and Car Wash good Syndication options?

Thanks

Hello,

I have a 500k mortgage on a triplex @2.5% interest and 250k of cash in sitting in a savings account yielding at 2.5%. The treasury bill yields are getting close to 5%. I am feeling tempted to invest my free cash into T-Bills to completely offset my mortgage interest without any risk.Is this a bad idea? Can I do better passively in a hands-off fashion with other investment vehicles such as syndications in this market?

@Nathan G.

Thanks Nathan, this was very helpful.

Hello,

I listed my property for rent it's in a Class A area and I am getting a lot of section 8 inquries. Are they worth it? How should I pursue if they are worth the effort? Is there going to be a lot of paper work with City? Appreciate your inputs.

Thanks