
3 April 2024 | 36 replies
But, I am alway mindful of how my money is performing relative to its possible alternative uses and the fixed deposit rate is perhaps the easiest rate to focus on for a comparison.

3 April 2024 | 6 replies
I have over 600k in equity in my house but my credit will not allow me to pull any equity out.are holding costs will be low but rehab won’t be cheap so when he wants me to put in my half for that I’m not sure I’ll nd able to come up with the capital and he will kick me off the deal.

3 April 2024 | 24 replies
There is no one perfect solution, just as there are so many opinions.My opinion, for commercial REI, is to first go with the easiest loan you can qualify for.

2 April 2024 | 1 reply
Some work that comes to my mind is:1) Managing tenants to get rent paid2) Diagnosing a repair issue and getting the right team to make the fix3) Fielding messages from prospective tenants on advertised rentals4) This list goes on...I've found a company that automates rent collection and income/expense tracking for free, but I'd like to replace my property management portal altogether and feel I'm only half way there (certainly a tenant facing chat bot would close the gap).

2 April 2024 | 20 replies
Section 8 is supposed to pay about half of her rent.

2 April 2024 | 5 replies
I would say the majority of people cobble together some half-assed moving plan either due to circumstance or being poor organizers/time managers.

3 April 2024 | 29 replies
I have decided to begin liquidating at least half of my properties in greater Seattle (but not in the city itself).

2 April 2024 | 1 reply
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
2 April 2024 | 4 replies
Wanted to check if that is true and if it is just lender specific or are there any legal laws around it.Thanks The rules are generally pretty vague - for the 10% Down Second Home Loan - generally are supposed to be not an investment property (no more than half the year rented out, no property management) and the vicinity rule is not super clear - but you are supposed to live "near the property"There won't be a difference among lenders since this is a GSE backed product (all rules the same) - however, the difference is likely to come from the interpretation of how close "near" meansThis is a good twitter (X) thread on the topic from a lawyer thats in the spacehttps://twitter.com/Wildlaw406/status/1689416363973214213

2 April 2024 | 7 replies
I was thinking along the lines of giving up SD and asking for 60 day build out and then asking for 6 months with only paying half asking price for rent.