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Results (10,000+)
Courtney Dettlinger Should I use home equity loan & how
18 February 2025 | 2 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.
Carter Ledwith My Latest Airbnb Property Management
9 February 2025 | 1 reply
Our key amenity highlights include an easy to use gas fire pit and Seattle Mariners themed corn hole.
Luckson Dambo Introduction to BiggerPockets!
22 February 2025 | 9 replies
Since you're looking to house hack your first multifamily in New London, CT, or Greater Boston, connecting with local investors and learning about financing options will be key.
Robert Brock Wholesaling Commercial Real Estate
19 February 2025 | 20 replies
Commercial deals take longer and are all about relationships, so connecting with investors, brokers, and property owners is key.
Nina Penuela Innovative Strategies for Real Estate Investors
20 February 2025 | 2 replies
For value-add investments, securing the right type of financing that accounts for the property’s potential appreciation is key.
Brant Laird Just getting started!
13 February 2025 | 18 replies
It’s great that you’re looking to put your money to work in real estate—smart move.A few key things I always remind my clients (and myself) when investing:1.Don’t rush it.
Choon Yee Dee Short Term Rental in Honolulu, HI
20 February 2025 | 1 reply
The biggest lesson learned here is that there are going to be mistakes made or problems that come up, and so having patience and communication thoroughly with your partner and team are key to getting through the process.
Brian Clark Newbie to real estate investing
10 February 2025 | 3 replies
Networking with local investors, agents, and property managers will be key to your success.
Erica Dike 6 Guest Types That Will Increase Your STR Bookings & ROI in 2025
13 February 2025 | 17 replies
Here are 6 common guest types and the amenities that attract them:1️⃣ Business Travelers – They need high-speed Wi-Fi, a dedicated workstation, blackout curtains, and a coffee bar to stay productive.2️⃣ Families & Groups – Safety, durability, and functionality are key.
Daniel Vargas Best Strategy to Start Investing in an Expensive Market?
13 February 2025 | 11 replies
The key is velocity—keep your money moving and growing.