Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
8 January 2025 | 10 replies
I'm relatively new to this and am grateful for any advice from the forum.
Sarah En
First-Time Landlord Seeking Advice on Rodent Prevention and Repairs
3 January 2025 | 3 replies
You can cover the wire mesh with drywall patches (they tape on wall and across the wire, white/paintable, different sizes) as the wire mesh is what will prevent the rats from eating their way into the property (the covering material is cosmetic only).
Ricardo Polanco
NYC Short Term Rental legal advise
14 January 2025 | 8 replies
If you are following the rules then everything should be OK.This is no different than a health inspector visiting a restaurant.
Josh Palmer
Lost and need help!?!?!?
13 January 2025 | 3 replies
As they are in their mod to late 70's and in declining health.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
I have several current and former clients that have done similar projects, mostly in neighborhoods where either 1) they grew up in the neighborhood, 2) they still go to church in the area, or 3) they have a relative that still lives in the area.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
can anyone relate to me being tempted to chill out and do nothing?
Chris Allen
Selling Home on Sub-To
9 January 2025 | 9 replies
I can only come out of pocket to cover mortgage so long.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Health insurance payments, Health savings account lots of options.
Rod Healy
STR books relative to Australia
23 December 2024 | 2 replies
Hi AllJust joined the site. Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Shor...