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28 December 2024 | 3 replies
Change all lighting to LEDTo increase revenue: 1.
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3 January 2025 | 18 replies
Lastly, if you’re currently taking a homestead exemption on property taxes, once that drops off (if you’re currently taking chose to transfer the exemption to your new home) your property taxes will likely increase $1k-$2k thus increasing your monthly mortgage.
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31 December 2024 | 13 replies
This demographic is projected to keep increasing over time, so I would do whatever you can to hold onto this property (ie cash flow well).Furnishing 700 sqft with PB or West Elm (you and my wife would get along great, Bonnie) won't be price-prohibitive and well worth the cost.
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3 January 2025 | 12 replies
Do you think the area will increase in value?
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12 January 2025 | 20 replies
They usually have a step down on that penalty like 3% year one, 2% year two, 1% year three and so on and so forth.So if you are buying a deal with the intention of rapidly increasing it's value in less than 24 months in order to refinance it and pull your cash out, you might want to go with a credit union for the acquisition financing because FCUs are barred from charging pre payment penalties.I could talk about this for hours about all the nuances but my fingers don't type that fast lol
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12 January 2025 | 23 replies
Then gloat about how much they made on the exit meanwhile dragging the neighborhood property values and increasing crime the entire time.
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22 January 2025 | 56 replies
But i'm sure that perspective will increase or decrease as I mature. big difference though in 30 mil in equity in RE and 30 mil in cash after you sold your business or your stock and bond portfolio is worth 30mil.. crypto goes up and down to much LOL.. but I am sure there are plenty of very wealthy crypto dudes and duddets.
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6 January 2025 | 9 replies
Hoping (SD) rental amounts have increased and renting it out/refinance if able/eating the cost. 4.
3 January 2025 | 10 replies
IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out.
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2 January 2025 | 4 replies
With $100K in cash, you could leverage this option to make a larger down payment and keep monthly costs manageable.Maximize Rental Income:Are there ways to increase rents on your current properties?