If you intend to stay in the property long enough to recoup the costs associated with the prepayment penalty and enjoy the benefits of the lower rates, refinancing may be worthwhile.8.

They are often too complicated for tenants to figure out, they have too many ways to fail, and they are often easier to circumvent than a standard key lock.I use Schlage electronic door locks with a simple numeric keypad.

Consult a real estate CPA or tax attorney to assess if the benefits outweigh the fees and risks for your situation, and consider alternatives like 1031 exchanges or installment sales for simpler strategies.This post does not create a CPA-Client relationship.

I hear on podcasts about getting a title company on your team… what benefit does this give you?

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Instead, they seem focused on making use of it for as long as they can, trying to extract as much benefit as possible before the opportunity runs out.

I'm sure the company is fine and want to give them the benefit of the doubt.

Having just spent the last 5 days touring Portugal its apparent this move that Clayton and his wife made has yet again been to their benefit at the cost of their investors.This is hardly any kind of hardship on them..

Is it to build up assets, is it to make additional income, is it to reduce your monthly housing spend and save more money, is it tax breaks/benefits? 

If you wait until it’s a rental, you might be able to depreciate the remodel costs over time, which could be a great tax benefit.