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20 January 2016 | 20 replies
This means you are also having principle pay down. 3) Tax Benefits- The more houses I have the more I get in deprecation and therefore the more I can legally cover up my tax bill.4) Low Interest Rates- Rates are so low right now that I love capitalizing on them.5) Stretching your Money- The simple truth is the less I put in my houses the harder my money works.
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2 February 2017 | 8 replies
I've done the "stretched too thin" thing in the past and it does no one any good, especially my client who are relying on me to be on top of everything during a transaction.
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27 July 2016 | 13 replies
We have a better chance of stretching our investment cash in other parts of the country.
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25 June 2016 | 13 replies
As a young professional - emphasis on young - my paycheck only stretches so far.
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7 October 2017 | 5 replies
We had the option of stretching out the payments to 5 years on that loan but the rate is 7-8%.
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4 April 2016 | 4 replies
. :) If said CPA can give you a dollar number, you could bake that into the contract sales price IF we're not already stretching the contract sales price (eg, claimed value) too much (or at all).
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24 March 2016 | 8 replies
The reasons I'm OK throwing away the existing income stream are:He's paying probably $400 - $500 below market and has told me that even that has been a stretch - so while he's been a good long term tenant for an absentee landlord, renting for that low of a rate doesn't work with my strategyI need to update the apartment to get it up to those market rents and to do the work I need it vacant.Appreciate everyone's input.
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6 April 2016 | 6 replies
Doing this, I could stretch myself into a $1mln property, but I'd be out of powder at that point and definitely can't get to $2mln.
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26 November 2018 | 9 replies
Some lenders are concerned that the 6 month rule is too lenient and may impact their neighborhood scores, so they stretch it to 1 year.
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26 February 2017 | 11 replies
I use Docusign for any lease (or other document) signings and finally we store (and scan ifi needed) all docs in Google Drive.We have 70 units currently (MF) and just had an offer on 52 units accepted so I am thinking this hodgepodge system will be stretched to handle.