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30 January 2025 | 62 replies
Stealing food from a gas station to eat is a CRIME.
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7 January 2025 | 22 replies
Now that I'm retired I "eat" some of the profits, but because I did this for so long while I was working my total leverage is about 25-30% with a bunch of properties free and clear.
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2 January 2025 | 15 replies
Some people make 4x the rent but squander their income on eating out, drinking, car payments, etc.
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30 December 2024 | 5 replies
That means, when they are damaged it doesn't eat up the whole security deposit leaving more money to cover other damages better protecting me. 3.
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30 December 2024 | 5 replies
I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!
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4 January 2025 | 67 replies
You have to use treated or the termites will eat it.There are very few small farm tractors in Belize.
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14 January 2025 | 329 replies
Here's what I do....again it may be controversial, but there is such an enormous pool of tenants that have vouchers that I can do this and still have plenty of people...No smoking of any kind.....I don't care if you have a card that says you need "it" for medical reasons.No evictions, ever.No felonies in the last 5 years.No dangerous breed "animals" or pets and when fully grown the pet can't weigh more than 20 lbs.They will pay for a background check through SmartMove that costs $40.00I don't care what "story" they have, I don't sign the RFTA package until they give me one full months depositI actually don't care what their credit score is because the housing authority pays most of their rent.I don't care about their oncome because the housing authority pays most if not all of their rent.
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27 December 2024 | 2 replies
We plan to remove them all to protect from tax increases on our current primary, but I am afraid that now that the other properties won't have homesteads, we may see skyrocketing tax bills and it will eat into already small cash flow from rental income.Does anyone have advice for how to handle this situation other than just increasing rent?
29 December 2024 | 13 replies
If they move soon, one month vacancy would eat away any savings of a hard "no" and it's wintertime (here) where vacancy is harder to fill...I'd at least discuss with the tenant and have someone do a bid to find out what it even costs for this home.
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2 January 2025 | 12 replies
Otherwise, the DST fees eat up the tax Ruthie- Yes they are in control for when the property is sold.