
21 October 2024 | 28 replies
I work long hours at my job and have a 5 year old at home so my time is very limited.

20 October 2024 | 8 replies
We are in the process of becoming permanent residents (still a 1 to 3 year process for us), which kind of limits us with regards to loan and financing options.

15 October 2024 | 16 replies
Your 401k administrator will help you set this up and usually you have to make monthly payments. 4) If you default on your 401k loan, the entire balance is distributed to you, then you have to pay taxes and a 10% premature withdrawal penalty.

18 October 2024 | 2 replies
Since you've lived in the apartment since 2007, you likely won’t be hit with any capital gains taxes as long as your profit is under the IRS exclusion limit ($250k for single filers or $500k for married couples).

17 October 2024 | 14 replies
No limits to cash out either.

18 October 2024 | 5 replies
You may be able to capitalize on this if your area has experienced similar growth.Simplification: Selling would allow you to focus on your new single-family investment properties and potentially expand in those markets.Capital for other investments: The proceeds from selling could be used to fund other potentially higher-yielding investments, especially if you use a 1031 exchange.Small town limitations: Depending on the specific town, there may be limited growth potential compared to larger markets or more popular tourist destinations.Given the stable cash flow, low remaining debt, and your established experience with the property, keeping the fourplex seems like a solid option, especially if it's in a location with STR potential.

19 October 2024 | 16 replies
But if your amount of available cash is limited, then you might be better off starting with single-family and working your way up as your cash grows.

14 October 2024 | 3 replies
Hey Everyone,
I own a duplex in San Pedro, California, and I’m trying to confirm how much I can legally raise the rent. I’ve found conflicting information on municipal websites. One source says 4%, while another stat...

18 October 2024 | 4 replies
TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Maintenance does not require owner's approval - RL reserves decision what to do when, cheaper plans have higher limits and all are at RL's discretion * Refuses to manage in many parts of townLonger versionSigned up for their service after a few conversations over the phone - owner stressed investor-friendly approach.

22 October 2024 | 23 replies
Lol.What crossed my mind was he is making someone pay with the real intention to see if they would be a limited Partner in one of his deals.