Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
I never use fixed rate mortgages, but even if one does, taking out an amount on a HELoC at prime (2.7%) to prime + 0.5 (3.2%) {the rate spread on most HeLoCs here) to pre-pay a fixed-rate mortgage at 2.6% (5-year term) would be at best a wash (unless rates were moving).What makes it work in the U.S.A.?
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
I just extended my lease to a 2 year lease because of this success and fully believe that this airbnb will continue to do well.The newly onboarded airbnb:So the new airbnb had a little bit of a rough start, the laundry machine had to be replaced as it stopped working whilst I was testing things out in the home, I had a bit of a higher cost setting up the airbnb, (painted and filled in cracks that were previously present) but to be honest I spent around the same I would have spent if I had to fully furnish the home.
Tyler Rayman
Out of State “Mid Term” Month to Month, Furnished Rentals
5 December 2024 | 18 replies
Finding a place within 5-10 minutes of Barnes, STLCOP, Wash U, etc seems to be a great idea.
Ethan O.
Orlando Short Term Rental
30 November 2024 | 12 replies
above and behind picture frames - vases washed.
Nathan Gesner
Real Estate Syndications: Who's Taken the Leap and How Did It Pay Off?
17 December 2024 | 36 replies
Somebody I know bought a car wash syndicate and lost money.
Kristin Boekhoff
Practical Questions for Small Multifamily
25 November 2024 | 8 replies
(Which is just a hallway/ staircase plus the basement where the laundry is as it is a 3-story rowhouse walkup; right now there is no HVAC at all - it is a large rehab project.)5) Are there any discounts for leasing fees usually if the agent is leasing multiple units?
Erich Oertel
What cities are still great to invest in
6 December 2024 | 45 replies
There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.
Thomas F Blaskey
1031 vs Gift vs Sale
26 November 2024 | 3 replies
I would then make him my renter and kick the can down the road to figure out how to gift it to him.It seems as if the 1031 exchange fees might be a wash with the taxes?
James Harryton
New Rental advice
25 November 2024 | 6 replies
., new renovation, outdoor space, free parking, in unit laundry, extra storage, utilities included in rent.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
To be successful selling RE you must be able to Qualify Present and then CLOSE most that wash out cant CLOSE..