Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
For bookkeeping purposes, I recommend designating a separate bank account exclusive to the house hack activities to keep some sanity.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
23 January 2025 | 5 replies
If you have no desire to actively pursue other investments where you make more than a 2.8% return, then by all means pay it off faster.TYFYS and best of luck!
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
If you have a ton of activity, then host an open house, get people through and then let them apply.
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood.
Tristan Kelly
First MF purchase in Cleveland OH
29 January 2025 | 11 replies
I'm still actively searching for a solid contractor as I eye a BRRRR in early to mid 2025
Baron Wheeler
Guidance midterm rentals in south Houston?
16 January 2025 | 7 replies
Is anyone actively doing midterm rentals in this general area and willing to help some new comers out?
Jordyn Ohs
Best way to pay down or off a Heloc
16 January 2025 | 2 replies
You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.
John Friendas
Cheapest Funding for No Electric Property
10 January 2025 | 4 replies
There is no active electric and where the breakers were taken out of the breaker box.
Pavan K.
House not rented for 100+ days
16 January 2025 | 12 replies
I go to vacant properties at least weekly unless they are multi-family with active neighbors.)Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property.