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26 September 2024 | 4 replies
The issue that I'm facing now is whether I want to pull it out against one of my rentals or on my primary.I have found a bank that will allow me to borrow as a second lien on rentals but their rates are higher than what I could get when just doing it against my primary.What I'm most worried about is what happens in a worst case scenario, should something drastic happen in the market.From what I understand, using the money against a rental doesn't necessarily provide much more of a safety blanket in case things hit the fan because if, somehow, the HELOC lender can't recover their money, you'll get sued anyways.
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27 September 2024 | 14 replies
The agent has been communicative the whole time (something that I can say about 5% of agents in my limited experience) so I'm a fan!
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30 September 2024 | 24 replies
I'm not a huge fan of virtual staging personally, I prefer actual physical staging.
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25 September 2024 | 6 replies
I was the biggest fan of mint.
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27 September 2024 | 14 replies
Again, all I have to do is download my bill into a folder, and the rest is taken care of.I'm not a fan of paying utility bills because they eat into your cash flow, and the tenant may not be as "resourceful" with their usage if they aren't getting hit by it.
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25 September 2024 | 6 replies
I am a big fan of bnbcalculator and rabbu for quick analysis and screening of properties
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26 September 2024 | 11 replies
@Brian Burke I'm not a big fan of pref equity in the first place, as common equity investors often aren't compensated for the additional risk.
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24 September 2024 | 8 replies
I"m a big fan of Xero as an alternative QuickBooks for rentals mainly due to much lower cost and still having a robust accounting software.
24 September 2024 | 10 replies
I’m just not a fan of Vegas SMF.
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27 September 2024 | 44 replies
@Zack Korenstein I’m a fan of Series LLCs, which I believe they advocate as well.