Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
The LLC is a pass through entity and will show up on your personal Schedule E and once the property shows up on the LLC, the debt (that probably won't show on your personal credit report) will be included in your total debt.
Dean Halpin
Need Real Estate Guidance (22 yrs old)
10 December 2024 | 7 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Andrew Steffens
Credit Card Points Hacking
6 December 2024 | 36 replies
Instead of buying trips or hotels for ordinary point values, learn how to increase the value of your points and stretch your dollar farther.It's an inexpensive e-book.
Levi Perl
Cash out refi now at 70% LTV or season and wait to do 80% LTV?
9 December 2024 | 15 replies
Liquidity: If this is your first or second property, prioritizing liquidity (by cashing out now) might allow you to seize unexpected opportunities, especially if you’re actively prospecting deals.Since you don’t have a deal lined up yet, you might explore options to minimize the gap, like prequalifying potential deals or using short-term financing strategies to bridge the 4 months.Good luck growing your portfolio!
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
Why would you buy an out of state property, with all the related risks, when you can get a similar if slightly smaller yield on a completely liquid investment?
Andy S.
Tenant Move in and move out inspections
10 December 2024 | 6 replies
I followed up with an e-mail of the pictures post-tenancy and that was the end of that.
Jae Yoo
Help with property management company that won't pay me and are ignoring my emails
10 December 2024 | 7 replies
If you go too low I would either recommend self managing or liquidate it.
Chelsea Pfeiffer
Out of State Investor looking to do STRs near the Smokies
9 December 2024 | 16 replies
The Smokies are a favorite of mine, but beware it is an ultra competitive market.
Jeff Brogan
Flippers - WWYD - What Would You Do?
11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.