Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

Originally posted by @Erik Whiting:Jerry, you're a bigger fish in a bigger pond that I am if you're hanging onto $1 M+ in bit coin. 

They are made out of Core Ten Steel, to resist Saltwater environment which requires Virgin Steel.

Diane could not let that one go by AS @Glenn Paulson states  its a tough job.. and nothing could be further from the truth that a PM in a low value asset environment just sits back and does nothing.. there is nothing more difficult to manage in real estate than low value assets.Now take SF property with high wage earners that have their rent ACH into your account each month live as neat and clean as you do.. then I can kind of agree.. but not low end houses.. no way no how.There is over head to a management company .. its not all net profit.Also Glenn with these type of rentals if you have never been in them.. asking how its doing in the first 6 months is a waste of time.. you need to check in year 2 and 3 once the honeymoon is over and a few  turn overs have happen maintenance then you can get a feel for the true numbers..

Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Some did sign up, I thought about it but had to look up the information they talked about to see if it was backed up by any other source besides them.What I took from this was, be peppy salesmen and fish till you hook one.

Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Financed by securing debt on a different asset in our portfolio where we could get the best terms given the rising rate environment.

@Lucas SchlundI just read an interesting article about the Detroit STR market environment on Steadily’s blog.