Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
On balance I have made way, way more money from appreciation that I ever did from cash flow.To me the most important consideration is to always have money or access to money, never be forced to sell.
Stanley Nguyen
Tax on private lending fund
15 January 2025 | 12 replies
In order to have checkbook control, the IRA account will need to be at a trust company that will allow the IRA to invest in an LLC (where you will be the manager and your IRA will be member - an as manager you will have checkbook access to the LLC bank account).
Ben Johnson
Rental Income only - HELOC (accessing equity in hard times) HELP!
15 December 2024 | 12 replies
I'm a struggling startup owner that has accumulated 300k in credit card debt at an average APR of 21%. I have two rental properties, both around 60% LTV. Values are $700k and $265k. Both occupied and cash flowing. ...
Rob Hakes
What the heck just happened.......
12 December 2024 | 2 replies
This sewer line runs under 2 of the other subdivided lots that were intended to have houses on them about 400' away and ties into a city main 1 block away from the houseOct 2008 - I purchase the home and everything is great, assuming all is per plan.2010 - Developer sells one of the lots that my sewer runs under to the water district for a future clean water well site.
Dani Beit-Or
HELOC and/or 2nd Mortgage for Rental Properties (w equity)
27 December 2024 | 10 replies
I'm exploring ways to access equity without selling.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
17 January 2025 | 3 replies
Expert GuidanceThe most obvious advantage of joining a coaching program is access to experienced mentors.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
Retaining your current home at a 2.875% mortgage rate maximizes cash flow, while accessing $65K in equity provides liquidity for your next steps.
Phillip Austin
Should I fire one of my owners?
3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
16 January 2025 | 40 replies
I’ve written a letter to the Police Chief Amd the mayor quoting the detective who said, “Well, we gave it the college try” after I told him that the tenant blocked me from contacting him.