Robert Silvernagel
Can anyone comment on the short term rental market in Maui?
28 November 2024 | 13 replies
My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Im actually not going to do that quite yet...but I suggest you both take a look at all the options available for financing, and using debt as leverage, and how to optimize them for investing and paying off mortgage debt...there are some really good strategies for using a HELOC to leverage towards real estate investments and paying down mortgages as well as other installment and revolving accounts (secured and unsecured) and I suggest you do your research before coming to any conclusions on this.
Andrew Helling
SEO Advice From a Digital Marketer
20 November 2024 | 4 replies
It's more about steady content and natural growth once you nail the basics like keyword integration and technical optimizations.
Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
Much of this is loan underwriting and it can identify a quality note.Today, you should turn over any note you buy to a mortgage servicer, for about $300 +/- a year you'll avoid tons of regulatory issues, tax filings, notices required and collections with a performing note.
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
Accurate withholding is essential to avoid penalties while optimizing these strategies.This post does not create a CPA-Client relationship.
Tisa Grimes
LLC Real estate
28 November 2024 | 1 reply
So if you can collect rents into your business either by deeding the properties to your LLC (be careful of the due on sale clause on your mortgages) or by signing a master lease between you and your LLC and having the LLC sublet then that may help.
Tom T.
End Game Strategy
27 November 2024 | 8 replies
Probably collecting social security at 62, maybe 63.I have a rental property that is almost paid off (less than 10k away.)FMV: 280.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
Airbnb for sure collect data by letting you use the sync calender.
Chris Seveney
Note Investing: Like Watching a Jerry Springer Episode Unfold
7 December 2024 | 18 replies
So far we have collected about $280,000 but the borrower has been unable to pay us off.