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22 January 2025 | 3 replies
A prudent investor doesn't seek quick riches through shortcuts.
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27 January 2025 | 5 replies
This doesn’t seem like one of the good ones.
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26 January 2025 | 0 replies
If I had to leave a takeaway from this post before getting too far in it would be that whatever goals are had you have, we have these goals for a reason and typically it does not go exactly as planned but even if it doesn't go as planned, we can pick up where we left off and give it a fresh start.
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31 January 2025 | 8 replies
Is there any one feature you want to see on a mobile app that the website doesn't do?
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18 January 2025 | 10 replies
If you plan renting out this property, that cost recovery comes from cash flow (equity doesn't count).
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5 February 2025 | 2 replies
I'm not aware of any lenders that are currently offering rates in the 2.69% to 4.65% range (it doesn't mean that there aren't any, but I'm not aware of them).
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5 February 2025 | 5 replies
I haven't heard of them but that doesn't mean they are not good nor exist.
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4 February 2025 | 7 replies
Log beds, solid wood pieces (antique or vintage), antique persian rugs, and decorative items/art that come from the local area.Obviously if you are renting a beach condo, this method doesn't work.
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29 January 2025 | 2 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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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.