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10 February 2025 | 7 replies
If so, shifting that to the tenants at the time of lease renewal is another great way to decrease her overall debt service.Other good ways to increase revenue in the mean time:- Raising washer/dryer prices. this may only equate to $4-$5 per unit per week, but its better than nothing- If there are any unassigned parking spaces, meaning not attached to any lease, make them paid only any offer them to tenants at a new fee.
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12 February 2025 | 3 replies
Debt Reduction - at the very least, another human being is paying down your mortgage and increasing your equity.
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2 February 2025 | 4 replies
I’d like to keep the current fixed-rate mortgage in place and, if possible, have the debt transferred to the LLC as well.
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10 February 2025 | 9 replies
. - Accelerated growth through combined efforts. 2.
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14 February 2025 | 6 replies
And a deal in my opinion is one that will 1. pay for itself(All property expenses) and 2. pay the debt service(if necessary) and 3. put money into my pocket each month.
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5 February 2025 | 5 replies
Fed can’t raise interest rates to hold inflation down due to Fed debt levels.
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31 January 2025 | 3 replies
The solution could be a creative financing solution such as a total or partial private note, an assumption of the note or LLC, a speciality or local lender, or any combination thereof.
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15 January 2025 | 2 replies
I would apply the cash flow to pay down the debt and hope to have significant passive income (or equity to put into something else) in 10 years.
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10 February 2025 | 6 replies
I have very little debt besides mortgages and have spent my own money doing renovation over the last few years.
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10 February 2025 | 4 replies
I am not a bankruptcy expert, but isn't that procedure used to release people from existing debt but not monthly expenses.