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19 February 2025 | 3 replies
I charge $50 per side in my duplex.
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4 February 2025 | 7 replies
I love being on the other side charging everything possible on a credit card but there’s no reason to accept them.
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16 February 2025 | 4 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years or just move.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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25 January 2025 | 5 replies
I frequently see where one party is awarded the property and debt and is mandated to sell or refinance it within a certain timeframe to have the other party removed from the note/mortgage.
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17 February 2025 | 0 replies
The only person willing to lend me money was Paulie—a guy who charged a point a week and always had a baseball bat within arm’s reach.
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21 February 2025 | 3 replies
This, despite the fact that they charged me for the waiver -- the waiver that they denied - and they specifically asked for an extension.
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3 February 2025 | 3 replies
you can't really micromanage tenants.All you can do is create systems with some flexibility.Again, if you read how we charge our Processing Fees, they encourage the behavior we want, while discouraging (via fees) the behavior we do not want.
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27 January 2025 | 3 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.
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18 February 2025 | 7 replies
You can charge more, the furniture is already there, and if the house is stunning then it could get attention.
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22 February 2025 | 5 replies
There are plenty of such service providers available, though they typically charge 10-20% of the gross rent.