Frankie Paterno
What areas are currently cashflowing
12 October 2024 | 25 replies
I will assume an initial rent of $1.000/Mo.5 years: $1,000 x (1 + 2%)^5 / (1 + 4%)^5 ≈ $90710 years: $1,000 x (1 + 2%)^10 / (1 + 4%)^10 ≈ $82415 years: $1,000 x (1 + 2%)^15 / (1 + 4%)^15 ≈ $747So, every year, the amount of goods and services you can buy will decrease, even though rents increased each year.
William Collins
Success update and advice sought
5 October 2024 | 9 replies
I also have 401k/ IRA which put me on coast FI.So here is the question for you:Would you pull out 500,000 From the equity on the portfolio to do the following:Invest in Short term rental properties, in long term residential rental properties that are more aligned to appreciation.It would decrease cash flow by $2000 in the short term.
Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
If you want insurance bookings, submit your property to relocation companies like ALE Solutions and CRS Temporary Housing.
Ralph Noyes
Refinancing a 30yr owner occupied 6.8% to a lower 30yr vs 15yr - Thoughts?
9 October 2024 | 1 reply
Was looking at projections today based on rate cut cycles and chances are we could see rates drop into the high 4's/low 5's in the next couple of years on average (that's based on previous cycles and a decreasing spread between the 10yr and mortgage rates).
Kent Ford
Is the Texas Housing Market Still a Buyer’s Paradise in 2024?
15 October 2024 | 26 replies
With supply increasing and demand decreasing, how do you see this trend impacting investment strategies moving forward?
Josh King
Best way to use untapped equity in rental properties?
8 October 2024 | 4 replies
Josh, we are entering a period where the FED has came out and said rates are coming down.Based on decades of data, during market cycles when interest rates are decreasing, asset prices rise.
Brandon Ja
Late Fee policies
9 October 2024 | 8 replies
If the tenant has an OCCASIONAL and very TEMPORARY situation that causes them to be late on rent I will almost always waive the fee.
Hadar Cohen
Should I Use Cash or Take a Hard Money Loan for My First Investment?
10 October 2024 | 9 replies
Using more of your own money decreases your liquidity, making it harder to qualify for a future loan.
Samuel M.
Pay Off Loan Sooner?
7 October 2024 | 9 replies
Or because you’re trying to decrease risk?
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
The average sale time decreased by 23.3%, indicating a quick turnover which is beneficial for investors looking for liquidity.Property Analysis:Rental income potential: $2,500 - $2,900 per unit, totaling $5,000 - $5,800 per month.Rental Strategy: With the high demand for rentals in the area, this property could generate a steady rental income.