
26 November 2024 | 13 replies
Break even today, cash cow in a few years type of an approach.

26 November 2024 | 127 replies
I have zero stress having the systems in place with the proper people in place to manage my day to day operations.

23 November 2024 | 1 reply
The work we put in today may not show immediate results, but the fact that we are taking action is a win and over time, it builds into something far greater.

26 November 2024 | 86 replies
So, what is a "Good" GP/Syndicator look like today?

23 November 2024 | 7 replies
Does anyone have experience doing this in today's market?

23 November 2024 | 3 replies
Those alternatives don't exist today (generally) so you should be fine just saying its financed.

27 November 2024 | 26 replies
Today, not so much.

26 November 2024 | 44 replies
It was sent to 1000 or 10,000 potential investors today.
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

25 November 2024 | 36 replies
I went to the ATM to today to see if I could just start withdrawing my funds from the account that way but since I have several virtual accounts with funds in each one and baselane only issued one debit card for the "main" account, it won't let me pull the funds from the additional accounts.