Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
Definitely join your local chapter of REIA (real estate investors association) or join one of the ones that are fully online (Columbus and Cincinnati).
Mila F.
Tenants trailing landlord during inspections
29 January 2025 | 8 replies
They are highly secretive however - no online presence under their names while being very tech-advanced, they also installed like seven cameras around the house perimeter.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 121 replies
Now I found one that specializes in real estate investors that was recommended by an online mentor.
Lucas Kirma
College Student -> Full Time (Brand New and Eager to Learn)
29 January 2025 | 10 replies
Build your knowledge with books, podcasts, and online resources, and network through local REIA meetings and virtual platforms.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own.
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
I am a 24 year old who's employed in the CAF and looking to getting into real estate, more specifically BRRRR.After looking online for quite some time I've noticed how high Canadian real estate is and I wonder if it is even worth getting into.
Bruce D. Kowal
🌟 1031 Exchange QI Selection: Relationship & Reputation Deep Dive (Part 3/3
16 January 2025 | 0 replies
Pressure to use affiliated servicesHidden fee structuresPROFESSIONAL BOUNDARIES ⚖️Good QIs maintain:Clear fee disclosuresWritten policiesProfessional distanceEthical guidelinesWATCH OUT FOR 👀QIs who:Push investment productsOffer tax or legal advice without credentialsSuggest "creative" solutionsPromise guaranteed returns on exchange fundsBEST PRACTICES FOR VETTING 📋Check multiple referencesVerify professional membershipsResearch online presenceReview complaint historyExamine years in businessINDEPENDENCE MATTERS!
Mak K.
Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
If it is a emotional support dog (basically a pet with papers they buy online, mostly to find a way to get a pet into a rental), ask for documentation from a local medical professional (NOT anything online).
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
Networking, local meetups, door knocking, mailers, wholesalers, online forums specific to your area of interest.