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22 December 2024 | 23 replies
@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.
24 December 2024 | 2 replies
Of course, this varies among different classes of properties.
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23 December 2024 | 6 replies
That’s solid advice—I can see how showing up in person makes all the difference.
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20 December 2024 | 4 replies
Recently, with two separate inquiries (different dates, different groups), things didn't work out.VRBO Pre-Approval blocks those dates in your calendar for 72 hours. !!
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20 December 2024 | 8 replies
Real estate investing is a team sport and at different points in the game different players will play more important roles.
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22 December 2024 | 5 replies
I've been an investor for 18 years but transitioned to commercial 8 years ago and the deal flow side of things is way different than 1-4 family residential.
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20 December 2024 | 3 replies
Managing real estate, and doing it well, is an entirely different story.I would keep your eyes open for a book that teaches you how to manage well.
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23 December 2024 | 8 replies
The difference between MKE and Chicagoland does not warrant the extra effort that comes with going remote.Everything gets so much more complicated as soon as you can't swing by your property after work.
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28 December 2024 | 16 replies
Yikes, very different experience than what I've had with the judges in my area.
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24 December 2024 | 5 replies
Im noticing investors are very different and each have different criteria for what they are looking for in a flip.