Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
23 November 2024 | 7 replies
Here's the terms:FOR VALUE RECEIVED, XXXXX a limited liabilitycompany (hereinafter referred to as "Maker*), hereby promises to pay to MY NAME,whose address is redacted (hereinafter referred to as"Holder"), or order, the principal sum of $XXX,000.00 in legal tender of the United States, accruing interest at an annual rate of 18.0%.
Livia Adams
Issues with Neighbors Upstairs - Management refuses to do ANYTHING. What can we do?
29 November 2024 | 7 replies
The PM may not like having repeated police reports filed, but that's their problem and they can sort it out.Best of luck with it!
Kevin S.
Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
21 November 2024 | 4 replies
There are certainly investments you can make to increase the principal in the net 5-7 years.
Jake Allen
Starter home to second home, do we rent or sell?
25 November 2024 | 10 replies
We have a 15 year mortgage with about 7 years left (throwing a bit more on principal each month).
Erika Shiu
House Hacking with a STR
26 November 2024 | 7 replies
Also AirBNB stocking fees, maintenance, cap ex.But at the same token know that the principal portion of your mortgage payment is actually not a true expense so there is that benefit to doing all of this even if you are light on the cash flow or break even.
Tom T.
End Game Strategy
27 November 2024 | 8 replies
Plus you get interest income on top of your principal payments, too.Also allows you to spread the taxable gain out over time, which would help you keep taxable income low and potentially still contribute to Roth IRA in the year that you sell.
Carlos W. Cruz Muniz
Sole Proprietor or LLC?
27 November 2024 | 4 replies
Cruz Muniz Start as a sole proprietor to minimize costs while testing wholesaling, as it's simple to set up and file taxes.
Leo R.
Is anyone listing rentals on Craigslist in 2024?
3 December 2024 | 22 replies
Both times I have contacted the police, and filed a complaint, and nothing ever happened.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
You'll want to be very selective but there are funds out there that return 10% - of course your principal is at risk in this scenario.
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
You would then weigh out a lower closing price due to the bitcoins and then you would use the lower price as the principal for the loan.