Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
And, voilà, you have your own guide.Problem is what they'll likely want to know will probably be basic and already covered by those guides.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
21 January 2025 | 6 replies
Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
This allows you to access funds while keeping your existing mortgages intact.Second Mortgage: Explore lenders who offer second-position loans on investment properties, though rates will be higher.Cash-Out HELOC : While traditional banks often restrict HELOCs on non-owner-occupied properties, some portfolio or private lenders may offer HELOCs for investors.With $15-20K in liquid funds, look for deals where you can negotiate terms:Seller Financing: Negotiate lower down payments or interest-only periods.Subject-To Financing: Assume the seller’s existing mortgage while covering the down payment.Lease-to-Own: Lock in the purchase price while using rental income to build equity.
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
6 January 2025 | 0 replies
By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Related damages:When tenant took possession, the living room had a vertical blind set apx 70” long (covering two windows.)
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Covering this with my salary is relatively comfortable.
Nadine Wallace
Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
To deter the break-ins you need to have window coverings on all the windows, a light on and not advertise that the unit is vacant.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
$36k - $16k = $20k or $1,600 per month net income left to cover all other expenses...same as above.Median household income in the US is over $80k or more than double these two zip codes.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
Since MTR is similar to both in different ways, you'll need a custom tech stack to cover all your needs.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
22 January 2025 | 25 replies
Need a few units in same buildings and higher rents to cover expenses aka nice areas.