Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
The amortization formula initially SETS the payment, but it does NOTHING to prohibit or prevent pre-payment of the principal - a.k.a., "accelerating" the loan to shorten the total term and lower the total interest paid over the life of the loan.If you think the Amortization Schedule Spreadsheet is wrong, contact Vertex32 and explain to them your findings.
Adam Taylor
Minimum Cap Rate?
4 December 2024 | 1 reply
Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).
Reeves Bennett
How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
Ensure dependencies are managed to prevent bottlenecks.
Alex Silang
Mass deportations: will it affect rental markets?
30 January 2025 | 62 replies
BUT there was nothing preventing DOCUMENTATION.
Bob Avery
New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 7 replies
I have included snippets of your message and my replies or comments in bold.What investor meetups I should attend- BP rules prevent posting outside events/meetups here.
Josh Madigan
Gatlinburg STR Permit - Large 6br pool cabin - Letter from Fire Marshall
10 December 2024 | 17 replies
A sprinkler system isn't going to prevent a cabin from going up in flames if the trees around them are on fire.
Levi Perl
Cash out refi now at 70% LTV or season and wait to do 80% LTV?
9 December 2024 | 15 replies
Meanwhile, waiting 4 months will cost me $3,500 in interest, - though less than a second DSCR - and will prevent me from making another purchase and rehab, which I potentially can do all in 4 months.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
I am going to look into this and see if there's no restrictions that could prevent me from doing so.
Lauren Cutchen
Tenant keyed Stainless Steel Stove
6 December 2024 | 5 replies
Always buff in the direction of the grain with a soft cloth to prevent further damage.