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8 January 2025 | 10 replies
For example is a personal loan from a bank is 7.5 % that you could use as a down payment (after its seasoned), and your 401k loan is 4.5% but the 401k is expected to return 7.5% per year the money you save on one end you miss out on the other end basically and if your 401k returns are 20%, then you lose out significantly. 2.
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30 December 2024 | 4 replies
Hi, I had a buyer locked in for 2 Atlanta properties title is already ran and the payoff came up higher than expected .
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6 January 2025 | 31 replies
Even completely self-serve laundromats require daily cleaning and light maintenance.As far as time costs, expect to spend time each week troubleshooting equipment issues, routine maintenance, cleaning, and handling customer issues.
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6 January 2025 | 57 replies
So In my calculations I expect all three to rise.I think we were saying the same thing.
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7 January 2025 | 12 replies
@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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10 January 2025 | 67 replies
(So, if you've got a million of equity you're exchanging into a DST, you would expect $30k to $50k per year).
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6 January 2025 | 8 replies
@Shayan Sameer Yes in case the projects do not work as expected you will have an issue with paying off the HELOC on your properties unless you do a cash out refinance and then the risk is not so much as there is no second lien(HELOC)
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31 December 2024 | 13 replies
Taking a trip to the city will also help you get a lay of the land and what you can expect from the specific market you settle on.
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22 January 2025 | 56 replies
And how they were expected to use their talents and multiply them.
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12 January 2025 | 185 replies
A prosecutor doesn't have jurisdiction over a broken agreement, such as a due on sale clause.