Romeo Nava
How to fund investment properties with little cash.
17 January 2025 | 3 replies
Right after I closed on that one the insurance company demanded I make a couple thousand dollars of repairs.
Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
Hosts lost tens of thousands of dollars.
Luis Fajardo
Scott Bessent Confirmed as Treasury Secretary: What It Means for R.E Investors.
28 January 2025 | 1 reply
Key provisions like bonus depreciation, the 20% pass-through deduction, and 1031 exchanges have saved investors thousands of dollars each year.
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
Both a literal break (time off, not legs) and perhaps a little freaking grace (especially from those of you who profess to be Christians).
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.
Chris Morris
Detroit Wholesalers: Why Do Your Deals Suck So Bad?!
17 January 2025 | 10 replies
I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense.
John Murphy
Ready to jump in…
21 January 2025 | 4 replies
Quote from @John Murphy: Before spending thousands on a course like Pace Morby's, talk to the actual members.
Allende Hernandez
Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
Can cost YOU thousands of dollars and headaches.yes run al person over 18 Keep it going inLuis Maqueira MMP
Byron Umana
How to Maximize Your Airbnb Income: Tips for New Hosts
26 January 2025 | 7 replies
Me having several thousand good reviews help, but personally I would not book a property with 0 reviews.