Kash Tacke
Turn a detached garage into an ADU?
8 January 2025 | 6 replies
Right now the only utility at the garage is power so basically I am starting with a frame and a roof.
Anthony F.
Pay Off Second Home or Leverage into New Property
11 February 2025 | 13 replies
Let brokerage grow, tenants pay down mortgage, and save up for another property organically (Cons - slow growth, waisting equity// Pros - low risk)2) Cash out the $300k brokerage account, pay off the townhouse, start cash-flowing $2,400/mo, and save up for new investment or 1031 into multi family(Cons - cap gains tax on cash out, high Oregon income tax penalty, hard to find deals being $2,400 monthly cash flow) // Pros- cash flow, increased leverage into large investment)3) Cash out $300k brokerage and put into separate Multi Fam property, hoping for $2,400/mo+ cash flow, keep townhouse rented as is (Cons - cap gains tax on cash out, not utilizing equity PROs - increase portfolio value, higher upside with value add or rent increase on new units?)
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
Does this strategy utilizing HELOC really work on saving money and paying off mortgages much quicker?
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Pay your utilities out of this account, and after the month has ended, you can distribute your cash flow from this account to your reserve account and your personal checking account.
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
You're marking the equities to most recent returns, the reality is a real estate investment to live in is a guaranteed rate of return and serves utility.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
I doubt including utility fees in in the PMA.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
However, if you have a more extensive portfolio or plan to become larger in the next year or two, I would look for a double-entry system that allows bank reconciliations.