John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Also, this would only remove the mortgage debt itself from your DTI if it was to work; you would still be hit with a liability for the annual taxes, insurance, and HOA fees (but also receive the benefit of the rental income).
Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
For example, let’s say someone sets an annual goal of cash-flowing $120k ($10k/month) a year in passive income, and then sets a quarterly milestone of acquiring 20 units.
Puneet Mahi
Texas or Florida?
2 January 2025 | 10 replies
Trying to run a successful PMC is difficult but trying to run multiple companies - VR, Annual, cleaning, and landscaping is probably going to give you an aneurism.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
Give a wolf a snack it comes back for a meal.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
. - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Sure, I invested 5K into the Radd Reit, They claimed that the share price would be adjusted semi annually.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
My last one was annually and $5k.
Marc Shin
Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
I think Collin is being a little tongue in cheek with the Boone's Farm comment.I work with a local, large wine store, wait for their semi-annual sales when they compound discounts and buy 2 cases of each (white & red) for the largest discount.Basically I'm setting out wine that retails for $11-12-13 that I have paid $7-8 a bottle.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
The $51.56 interest to pay (see your previous post) is a monthly payment, not an annual payment.
Brooke Zollinger
Alternatives to Comparing Comps
24 December 2024 | 1 reply
Access to MLS is one of the best reasons for investors to get their license since it's such a low bar to entry and low annual fees for that and access to all dumps on the market.