Andrew Syrios
Visiting Chichén Itzá
8 October 2024 | 8 replies
@Andrew Syrios Tulum ruins of course and if you can make it Akumal to see the giant turtles eat under the sea!!
Account Closed
10 Best Net Worth Trackers
12 October 2024 | 2 replies
You can increase your net worth by investing in assets that appreciate instead of spending your money on vacations, expensive vehicles, designer clothes, and other luxuries.Cut unnecessary expenses: Many people spend more than they realize on daily expenses like eating out, buying coffee and snacks, unused subscriptions, and other things.
Steve Dora
1st Purchase utilizing HELOC...what are my options?
10 October 2024 | 11 replies
At this point in our market it seems like to me the better option would be using the HELOC for the entire purchase just because the interest on two different loans would eat up any possible cash flow.
Michael Macquarrie
Is Your Financing Strategy Costing You More Than You Think?
7 October 2024 | 2 replies
But what if your current financing strategy is quietly eating into your profits?
Account Closed
15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies
Here are a few common mistakes startups make when purchasing an investment property:They calculate expected annual gross income based on 100% occupancy rates.Poor property management results in tenant turnover.High vacancy rates cause lost rent.The local rental sector is experiencing a downturn.High maintenance or repair costs eat into profits.Getting rental rate wrong—either not charging enough or charging too much.Before selling your rental property, it’s crucial to determine the reasons for lost rental income.
Eric Fichera
Emerging markets with friendly landlord laws
9 October 2024 | 23 replies
If you are buying a single family house, two trips per year will likely eat up all your "free cash flow", so you might as well have it be a place you would go anyways to visit family, or near a vacation spot, etc.
Alexander Phillips
1st time buyer, cold feet after mess + closing cost increase of 3%, can I back out?
10 October 2024 | 19 replies
I would eat the cost associated with the inspection.
Chris Burke
Convert Primary Mortgage to DSCR on rental property?
8 October 2024 | 7 replies
But realize also that if you pay off a 2.99% loan your payment on the DSCR is most likely going to skyrocket and eat up a lot of that cash flow.
James Wesley
Hot Tub Management - Complete drain and refills after guests
9 October 2024 | 28 replies
All those things can eat up the chemicals very quickly and lead to an unsanitary condition.3) Absolutely ZERO guests wants to hear that you did not drain clean and refill the hot tub after the prior guest.
William Collins
Success update and advice sought
5 October 2024 | 9 replies
If you find something, go hard money and then spend the next few months re-leveraging the existing debt.You can have your cake and eat it too, just be patient my friend.