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All Forum Posts by: Todd Carel

Todd Carel has started 8 posts and replied 32 times.

Post: Getting a house ready to be rented

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

Make yoursel f a checklist

Post: Managing software

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

We use quicken for rental property

Post: Anyone using buy and hold strategy in Oklahoma City area?

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

What do you think about the meetings?

Post: Anyone using buy and hold strategy in Oklahoma City area?

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

Anyone out there investing in okc area using buy and hold strategy? Just wanted to connect. Also wondering about the local rei club that meets monthly.

Post: Ideal number of rental properties?

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

Going back to what Jon said.....how many of you live off your rentals? To me it seems daunting to expect to live off buy and hold investing until you have them all paid off. I'm not even close.

Post: Rental purchase rule of thumb

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

I agree with Aaron on the 2% rule. I can't seem to find those anywhere

Use ceramic and seal the grout

Post: Who's right?

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

Her argument is simply to increase monthly cash flow. No problems with needing more money to buy properties. We do have a lot of debt. But we have 29 properties. We can pay our obligations. Some months are better than others. I think she just wants more of a cushoin

Post: Who's right?

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

Thank you John!

Post: Who's right?

Todd CarelPosted
  • Investor
  • Mustang, OK
  • Posts 33
  • Votes 5

My wife and I are arguing about this. We have several rental properties and cash flow well enough to make all the payments. I have a full time job and am investing for retirement. She wants to refinance some properties to pay some others off to improve our monthly cash flow. I say no because its robbing Peter to pay Paul and we would be owing more on some houses than what we could sell them for. Who's right? When is it smart to refi??