Dalton Dillon
Appraisal came in low
26 November 2024 | 6 replies
One hiccup and you're breaking even, like appraisals that come in at 265 (or even lower!).
Deal H.
Turnkey or BRRRR?
27 November 2024 | 48 replies
you're trying to increase the ARV as much as you can and then refinance and with rates high, you'll probably be at break even or even negative.and it's very risky to use 100% leverage.
Jenni Utz
House Hacking with Multifamily Properties: A Game-Changer for Real Estate Investors
26 November 2024 | 2 replies
If you’ve ever wondered how to invest in real estate without breaking the bank, this could be the perfect starting point.What is House Hacking?
Yori Dean
Is Wholesailing Still A Thing
24 November 2024 | 7 replies
But like with all laws unless its enforced and has some teeth wholesalers wont give a rip they will just break the law and keep going until they are stopped.I wonder what companies like Great Western are going to do. they have a big philly operation that deals in the low income areas where a lot of these deals are done.
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
ELECTRICITY is used to break apart water to create hydrogen and if you want green energy that means using solar, wind, etc to create the hydrogen.
Orane Jacobs
Midterm Rental arbitrage
27 November 2024 | 16 replies
If the operator has an arbitrage set up and the MTR or STR isn't working for them, they'll break lease and stop paying rent.
Caleigh McDonough
House Hacking My First Property that Doesn't Cash Flow
27 November 2024 | 16 replies
CoC just about breaks even if I assume rents are on the higher end of the spectrum.
Susan McBride
Need Advise on Leveraging Existing Home to Purchase Another One
25 November 2024 | 11 replies
The have a property tax break for veterans but it is not 100%.
Matt A.
Contractors in California bay area without contractor license # or name on vehicles?
19 November 2024 | 4 replies
I wont do the magnetic signs , because I have a newer Ford F 250 and its an aluminum body and magnets dont work .