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15 January 2025 | 144 replies
The Income Snowball is a strategy, that is now software, that just projects how long it will take you to create X amount of passive income if you invest on a certain schedule, also laid out by the software.The concepts the Income Snowball uses - from cash flow investing, to using leverage, to investing in real estate or peer-to-peer - are nothing new.
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23 December 2024 | 3 replies
I'll take any and all advice any of you have, but the two things I'm looking for specifically are: what sites, services, and/or software you use and recommend for sceening and managing tenants?
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6 January 2025 | 15 replies
A solid agent can help you calculate ARV, manage inspections and contractor connections— get quotes and coordinate handymen and vendors post close, provide shopping lists and software suggestions for management or STR furnishing, etc.
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8 February 2025 | 49 replies
Having been involved in various industries and businesses, I’m well aware of the pitfalls, and not falling for the “get rich quick” schemes like buying Section 8 housing using gimmicky software.
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19 December 2024 | 6 replies
As for property management software, options like Hostaway or Lodgify can streamline bookings and communication.
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14 December 2024 | 0 replies
Hi BP, would like to hear feedback from all you folks in or near the Kansas City area,Currently I'm looking for a software to help me generate leads, but there's so many of them to choose from, I don't know which is best suited for my area.
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19 December 2024 | 6 replies
Quote from @Grant Francke: For those with using Buildium for property management software, do you use Buildium's public site or do you use a website you have made and maintain?
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4 January 2025 | 14 replies
Having proper software and systems3.
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17 December 2024 | 3 replies
What do people use for crime data . Use to be on Zillow but because they are woke ...no longer . Very important to me especially investing out of state
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11 January 2025 | 420 replies
Only the data differs.Here's the summary...Here's the example, without Loan Acceleration: Loan Amount $ 200,000.00 Total of Payments $ 386,511.57 Interest Rate / yr 5.00% Total Interest Paid $ 186,511.57 Term (Years) 30 Payoff (years) 30.00 Monthly P&I $ 1,073.64 Number of Payments 360 (Sorry - copy-and-paste from Excel doesn't work quite like it should in the forum software.)Now, here it is WITH loan acceleration: an additional $15,000 once a year: Loan Amount $ 200,000.00 Total of Payments $ 252,073.75 Interest Rate / yr 5.00% Total Interest Paid $ 52,073.75 Term (Years) 30 Payoff (years) 9.17 Monthly P&I $ 1,073.64 Number of Payments 110 .So, there's the savings in interest (numbers rounded):Without debt acceleration, $186,512 over the life of the loan.With debt acceleration, $52,074.Total interest savings: $134,438."... b-b-but David, what about the interest on the HELOC?"