Cole Starin
Considering Property Sale
24 January 2025 | 5 replies
@Cole Starin sometimes it makes sense to sell the WORST property in your portfolio.Another option is why do a LOC on the duplex, when you could just do a $100k cashout refi to pay off all your debt AND keep the property?
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
1 February 2025 | 52 replies
You pay a down payment, closing etc.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
Also, don't forget that, if you pay taxes, it means you're making a profit.2.
Nathan Nathan
Help required to create LLCs in Wyoming/Georgia/Michigan
27 January 2025 | 11 replies
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.
Hedman Maximus
Trying to figure out my next strategy!!
19 January 2025 | 6 replies
Im thinking about paying the bank the 50lk that we owe and the taxes.
Jake Faris
LLC creation: any gotchas for this joint venture?
28 January 2025 | 4 replies
You then will pay some long term capital gains, but you also have to take depreciation recapture.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
Some PMC's will charge a lower percentage fee, but will charge it whether tenant paying or not.
Mary Jay
How to get HELOC/ or other type of loan on a rental?
21 January 2025 | 6 replies
This is a the perfect vehicle to use for short term like buying a property with cash, then refinancing the property to pay the line of credit back in full, and use it again.
AJ P.
Plumber Walked Away from Job
30 December 2024 | 1 reply
I wasn't sure if him blocking my phone number is grounds for me to be able to move forward with someone else (I intended to do so if he wasn't done by this weekend anyways) or how to really handle the situation.
Jonathan Blanco
Is it worth seeking lenders with $0 lender fees?
25 January 2025 | 12 replies
You are paying for it with a higher rate.