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14 February 2025 | 12 replies
If you just take the 13,835 financed at 6% you are adding 83 dollars a month. so a double whammy.Now, lets consider if rates drop to 5.5% in 24 months (not a prediction just a what if) and you could have refinanced at a much lower costs then the above scenario in what you paid in pre-paid and additional interest. on the other hand, if rates for your same scenario after your 5 year payback period is 9, then you will have an asset with a much lower then current market rent.
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16 February 2025 | 7 replies
This is a good question.I found that meetups are kind of like you described not much really happens there and for sure REIAs and their monthly meeting kind of the same people talking about the same thing then bring in ( at least what i have seen with the PDX reia) folks that are presenting on things that worked decades ago.. and want to sell their stuff for a few grand.For me personally the best networking hands down was SF Bay Area events San Jose Reiaand LA FIBI events.folks in those markets are very real estate centric and generally more experienced and in San Jose so many tech folks that have done really really well.. maybe not in RE but have done great in TECH and have quite a bit of bandwidth for investments..
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11 February 2025 | 21 replies
Quote from @Richard Schubert: Closed and now have the keys in my hand.
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2 February 2025 | 9 replies
It’s not necessarily more difficult than market-rate rentals, just different.If you’re seriously considering this route, feel free to reach out.
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13 February 2025 | 22 replies
If you can buy a house with a small cash flow and there is room to build a duplex on the back of the lot, then you get free dirt.
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14 February 2025 | 6 replies
The premiums are made with after-tax dollars and the cash value in the policy he grows tax-free And can be access tax-free.
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15 February 2025 | 7 replies
It will update your database weekly and clear out sold properties and much more.For follow up and appointment setting, I’m biased as I’m he owner, but hands down, RiverX AI has been a game changer for us and our clients.
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18 February 2025 | 16 replies
Kyle My father-in-law did this by creating a portfolio that is primarily debt-free single-family rentals in the city he lives in.
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18 February 2025 | 35 replies
We'd spend about 2 weeks delivering all the bundles and I was the "free" labor until I finally negotiated 10 cents a bundle from my old man.
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12 February 2025 | 13 replies
Would love to have a reliable person to help free up some of our time to focus on growing the business.