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18 January 2025 | 9 replies
We plan to spend the next 6-12 months continuing to earn and save, as well as nail down a final market we want to househack in.
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24 January 2025 | 3 replies
Should I just jump into it and try to invest in my first property with not much experience besides the many investing books I've read?
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16 January 2025 | 0 replies
Remaining Balance: After the balloon payment, the remaining loan balance will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Payment TermsInitial Loan Terms (First 24 Months):The monthly payment for the first 24 months is based on a 12-year amortization schedule:Monthly Payment for First 24 Months: $1,573.39Remaining Balance at Month 24 (Prior to Balloon Payment):The balance after 24 months can be calculated using the amortization formula:Remaining Balance at Month 24: $157,113.92Balloon Payment:The balloon payment will be 50% of the remaining balance at Month 24:Balloon Payment Due at Month 24: $78,556.96Re-Amortization of Remaining Balance (After Balloon Payment):The remaining balance after the balloon payment will be:This amount will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Monthly Payment for Final 60 Months: $1,541.18Summary of Key Terms:• Purchase Price: $215,000• Down Payment: $43,000• Loan Amount: $172,000• Interest Rate: 6.5% (fixed)Initial Terms (First 24 Months):• Monthly Payment: $1,573.39• Balloon Payment Due at Month 24: $78,556.96Re-Amortized Terms (Final 60 Months):• Remaining Balance: $78,556.96• Monthly Payment: $1,541.18Additional Conditions:1.
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7 February 2025 | 17 replies
I'll be completing a book (later this month) titled Turnkey Real Estate Investing.
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18 January 2025 | 7 replies
Avery Carl's Book, 'Short-term rental, long-term wealth' How did you find this deal and how did you negotiate it?
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29 January 2025 | 11 replies
Do you also offer direct booking?
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4 February 2025 | 38 replies
The exemption allowed results in a “taxable value” of either 75% of the “ATI fair market value” or the final Current Fair Market Value for the tax year of sale, whichever is higher.
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20 January 2025 | 6 replies
None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).You probably actually want to look at your operating agreement to see what rights you have to books and records, etc.
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24 January 2025 | 36 replies
They manage listing and book guests.
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16 January 2025 | 12 replies
Your best teacher will be experience and that can't come from books and formulas.