Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Leverage and invest at 40x $100 000 properties ($20k down + $5k closing cost, 30 yeas fix rate loan) with a return of 10% where you have better asset protection (my keeping lower equity and higher bank position), you are hedge against inflation (agree with me, in 30 years $1 000 000 purchasing power will be less compare than $1 000 000 today) Here is how looks mathematically:1. 10% on $1 000 000 (10x $100 000) = $100 000 / annually - No interest tax deduction- No loan paydown benefit2. 10% on 1 000 000 (40x $100 000) = $400 000 / annually - debt service + full tax benefits+ loan pay down+ hedge against inflation for 30 years+ better asset protection (by maintaining lower equity position) + (not guaranteed of course) if appreciation happens, it happens on the all full asset amount, example:If appreciate 10%:In case "1" you will have 10% on $1 000 000 = $1 100 000In case "2" you will have 10% on all 40x properties (40x $100 000 = 4 000 000) = $1 400 000As far as cash flow, as long you buy "right" CAP 8% and higher you will have stronger cash flow on leveraged asset + all additional benefits.
Jared Carpenter
Phoenix SFH/MF/flipping contacts
24 January 2025 | 6 replies
Good evening BP world,I am looking to make some contacts, specifically RE agents and hands-on investors in the phoenix area, in order to start acquiring some value add SFH investment properties.
Esther Iroko
Tenants not paying rent
1 February 2025 | 23 replies
We have fair landlord-tenant laws, similar to Texas, but still the specific process is different.
Keith A.
Going without landlord's insurance. Have you done it?
7 January 2025 | 7 replies
I go with the highest deductible possible.
Michael Almand
Paying a contractor for a scope of work
28 January 2025 | 9 replies
If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
I'm paintimg all my doors, cabinets, and baseboards semi-gloss, specifically so I can wipe them down easier.
Lee Miller
SFH to Duplex conversion in Chattanooga
30 January 2025 | 8 replies
Have to agree with most here in that a SF-> duplex conversion needs some really specific qualities to be worth the squeeze.
Benjamin Bieber
Rent to Retirement
30 January 2025 | 2 replies
Those are some of the unique things we offer in addition to helping each investor build a strategic investment plan & roadmap to achieve your specific goals.
Natasha Rooney
Multifamily Properties in Indianapolis
29 January 2025 | 16 replies
We are specifically interested in multifamily properties (2-5 units).
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
But, you'll need to get with an REI-savvy bookkeeper/firm to help you set it up since it's not an REI-specific software.