Edna White
I need help crafting a deal
28 May 2024 | 9 replies
Depending on how far along this loan is in the amortization, there could be additional benefit in keeping the original mortgage in place because more of the PI payment is going to principle, opposed to if you were to take a new loan, where a majority of the PI payment will be going towards interest.As far as the negotiation goes, my method is to simply do run a few scenarios, making sure to add in whatever ROR or whatever metric you want to have as your investment criteria.
Clayton Mills
Small Land subdividing
27 May 2024 | 5 replies
Sight line distances for entrance approval, shared drives for multiple lots.9.
Ross Smith
Anyone used Curbio to flip?!
29 May 2024 | 30 replies
It's a great concept and their sales pitch is pretty convincing, but it's pretty clear that Curbio is not consistently delivering what they promise and someone on their staff has expertise in scrubbing bad reviews from sight.
Sarah Santa Cruz
Pay down mortgage faster or not
29 May 2024 | 18 replies
Mortgage interest is tax deductible, paying down principle is not2.
Marv Edelstein
Looking to create a website
29 May 2024 | 21 replies
This principle likely applies to all book genres.
Richard Hoyte
Having trouble understanding where the profit is
27 May 2024 | 14 replies
We also make money from the "principle buydown" of the mortgage and the "increase in value" on the asset as well.
Andy Yu
Section 8 tenant - ways to remove aside from housing court
27 May 2024 | 9 replies
They all used the same the tactic, money.I would offer a generous buyout, which I know will be hard on principle, but you'll spend just as much on lawyers and preserve your sanity in the long run, wishing you the best of luck.
Jeff S.
Living off rentals
31 May 2024 | 187 replies
What's your plan for instilling principles of frugality and investing into the minds of your kids?
Rachel H.
Reimburse Tenant for Furniture Anchors?
26 May 2024 | 5 replies
It’s not a lot of $$$, but on principle I don’t feel like I should have to reimburse her for using those very specific anchors, right?
Aaron St. Clair
Interest vs no interest
26 May 2024 | 11 replies
Your “rent” is going to be the landlord’s principle, plus taxes, plus insurance, plus their mortgage interest, plus profit.