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16 January 2025 | 9 replies
A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.
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2 February 2025 | 5 replies
By creating a process, you can prevent these issues from taking place and save yourself a lot of time, trouble, and money.
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11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.
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29 January 2025 | 5 replies
I have 880 credit score, decent savings, and no other debt except for 300K mortgage on my primary residence (worth $1.5 million).
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21 January 2025 | 0 replies
Instead of their cash sitting in a savings account, they decided it would be a better investment to earn 3% on their money instead of .03% in the bank.
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19 January 2025 | 10 replies
Opt 1) utilizing our savings in the brokerage account and emergency fund and pay for it all up front.
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27 January 2025 | 7 replies
My recommendation is before chasing all these real estate deals is to go earn and save some money so when a good deal comes a long you can take action and move on it.
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3 February 2025 | 8 replies
Cost to wait is maybe save couple grand on zoning attorney but could potentially make that up by earning some rent earlier (vs. unused space).
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15 January 2025 | 9 replies
Starting real estate investing early is a smart move, especially while leveraging your military benefits.
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31 January 2025 | 26 replies
Not necessarily a scam, maybe someone trying to save fees.