Giovanni Vazquez
Financing ADUs without equity
16 January 2025 | 2 replies
Angel investors might be interested, but you'll likely have to give up a portion of the ownership or future profits, and there could be potential complications in managing the investor's expectations and involvement.
Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
This either sounds like a seller looking to "retire" and liquidate his holdings or a Section 8 owner that hasn't kept the property (or rents) up to market levels.So, based on the numbers you're using, what return (IRR, Equity Multiple, or ConC) are you estimating you'll generate over your expected holding period?
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.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
19 January 2025 | 47 replies
Biggest wealth generators I personally see or those i personally know that most would consider wealthy are those that built a business and sold it ..
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
But maybe your tenant reaching out and mentioning that they're going to be forced to file a police report for fraud could generate some traction...obviously the real objective here is to just get the seller to call you back...
Kane Spangler
Modular New construction Loan advice
14 January 2025 | 2 replies
Having a co-signer doesn't feel like that at first, but you can't predict the future.
Kevin Brown
Best Accounting Software
19 January 2025 | 4 replies
Most bookkeepers won’t work in it if you plan to outsource it in the future.
Marc Shin
Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
I think you can definitely run into a potential guest using that against you in the near future and opening the door for liability.
Zach Proto
Mid term rental vs long term rentals San Francico
9 January 2025 | 4 replies
I would go on furnishedfinder.com which will allow you to look at MTR's in your area, see what they rent for, and see how many are "available now" vs at some point in the future.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
A vetted turnkey provider offers a hands-off approach, with properties likely to break even or generate modest cash flow, spreading risk across multiple doors.