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1 January 2025 | 27 replies
PS5, TV and two gamer chairs is about the same cost or less than an arcade unit Any extra concerns or methods you take to make sure your gaming system does not get broken?
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27 December 2024 | 8 replies
If this is your primary residence and you have an extra bedroom (or can make an extra bedroom), AirBnb can be very lucrative.
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28 December 2024 | 3 replies
Once that extra rental started generating income, he realized the higher interest rate was just a temporary hiccup on the way to bigger returns.In your case, maybe look at a structure that keeps your best cash-flow property on a lighter refi (say 50% or 60% LTV) while you go a bit heavier on the one that’s not producing as much right now.
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3 January 2025 | 40 replies
But truthfully I don't know!
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21 January 2025 | 35 replies
It could not be farther from the truth.
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27 December 2024 | 2 replies
This extra year gives property owners more time to schedule inspections and make necessary repairs.Key Points:Applies to multifamily properties with three or more units.Covers balconies, decks, and elevated elements made of wood or similar materials.Inspections must be completed by licensed professionals and repeated every six years.Hazards identified must be repaired promptly.With the extension, now’s the time to plan ahead.
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7 January 2025 | 27 replies
To get access to Eric’s team you’ll be have to pay extra for a program called do-it-with you or do-it-for-you.
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31 December 2024 | 8 replies
Simultaneous to that, negotiate price reductions to the greatest extent possible because of this extra cost you are incurring.
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5 January 2025 | 12 replies
I also agree that RE appreciation is unlikely to match the last dozen years, but you never know.Where I am unsure we agree is that paying $450k to improve the cash flow ~$3k (your numbers but I expect my delta wold be similar meaning both my cash flow estimates would be worse than yours but both would be worse by the same amount not affecting the difference) makes sense especially if the cost of having the extra $450k is only 6% rate which is historically simple to beat via numerous investment options and hopefully no one is investing in RE for an expected of 6%.
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3 January 2025 | 42 replies
Anyone extra cautious with these types of investments right now?