Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
True, Republicans in 2025 will control the White House and both chambers of Congress.You can easily Google how the legislative process works or just trust my Cliff Note: having a simple majority usually does NOT assure that Congress passes any bill, including tax bills.
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
27 December 2024 | 13 replies
This is an unrealistic scenario because you cannot easily find someone to give you 95% financing on four properties.
Wade Wisner
Help with Note/DOT investing
22 December 2024 | 13 replies
My other SFR notes have interest rates determined by the borrower's cash, credit score and income - so market rates or higher.I understand the difference in performing vs non-performing notes and that performing can become non-performing pretty easily.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
I used to use the method for years as a Florida Private Banker for wealthier clients that were susceptible to law suits and could relatively easily pay off the line.
Tyler Carter
SFR loan programs < 25% down
18 December 2024 | 9 replies
Yes - you should be able to find some good DSCR Loan Options with 20% down easily - 15% down potentially available but the rates/requirements are pretty high on that front right now
Jake Andronico
Reverse 1031 Exchange - Who has done one?
23 December 2024 | 13 replies
Know the value of your property and make sure all buyer due diligence is easily available. 5.
Jack Gardner
2 Bedroom / 1 Bath Rent Prices in Northeast Minneapolis
15 December 2024 | 5 replies
Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
9 January 2025 | 21 replies
Because later, you can easily use it as your mailing list!
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
If they are professional, they can explain this quickly and easily.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
A Boston-area guy with two evictions and two pitbulls is not going to find another place to rent easily, and he knows it.