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12 February 2025 | 8 replies
You’re asking the right questions, and it’s great to see you thinking strategically.My Take on Your SituationSince you already own a rental and want to expand your portfolio, your main decision points are:1.How to pull equity to fund your next deal2.Whether to transfer your current rental into an LLC3.How to position yourself for long-term growthHere’s how I’d approach it:HELOC vs.
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17 February 2025 | 13 replies
That being said, if you look at the smaller cabins (900 to 1,200 sq ft), I think the numbers are still very strong.
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14 February 2025 | 11 replies
Which I know from being in other business that that does not look good to clients if I have to cancel showing or if I don’t show for showing and pay someone else to show my house I think you can pull it off as long as you set expectations properly with clients upfront and especially if you’re working with people you already know, like other fire fighters for example will be fine with your unpredictable schedule.
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16 January 2025 | 40 replies
A 20 room inn, a restaurant, a booking site with info and the land.
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26 February 2025 | 22 replies
Great information and alot for me to think about.
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17 February 2025 | 4 replies
I think the most important thing is having it done by an engineer
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23 February 2025 | 15 replies
But personally I think seeing the numbers makes you know the numbers much more than a report.
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14 February 2025 | 9 replies
HELOC are also highly reliable source since the interest rates are low.My tenants pay back the HELOC and TSP and now I have another cash flowing property.I think what you are thinking about is a great strategy
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20 February 2025 | 7 replies
I think over the next few years people will leave markets due to municipality changes.
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9 February 2025 | 4 replies
I don’t think you have a loss here.