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9 August 2024 | 5 replies
We were going to then take some of that money and take a chunk out of a higher interest rate credit card.
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8 August 2024 | 12 replies
I would tell you to pay down your credit cards even if you focus on just one card at a time to get the balance down to 30% or less of credit limit.
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10 August 2024 | 18 replies
Unfortunately, STR owners don’t want to rent a card because of liability issues.
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12 August 2024 | 30 replies
You will have basically no cap ex or maintenance expense and will be able to raise rents by the time any of these expenses start.
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8 August 2024 | 6 replies
@Christopher GarciaHave you ever raised capital before?
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10 August 2024 | 7 replies
In certain parts of Texas the property taxes are raising faster than rents can keep up.It’s not talked about much, but rentals are not always a moneymaker, especially the first number of years.
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9 August 2024 | 6 replies
This is a great place to raise kids.
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8 August 2024 | 2 replies
Leasing a Maytag laundry center from Wash.com would cost me $100/mo, but reviewers say they can take weeks to come out for repairs.A local place called Mission Laundry Equipment can lease me a Speed Queen laundry center for $110/mo, or sell it to me for $4,299 (actually $5,450 with all taxes and fees for delivery, installation, and setting up the credit card system).
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7 August 2024 | 6 replies
Got $100k business line of credit with 710 credit score to buy some more properties.Do you think it is better idea to buy a rental house (worth $70k) with the credit card paying all?
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9 August 2024 | 5 replies
The property does not hit the 1% rule currently but I believe with all the continued development in the community that within the next couple years I can raise rent enough to hit the 1% rule.