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22 February 2025 | 6 replies
Cap ex, repairs and vacancy is a % that you'd set aside from the monthly rent.
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30 January 2025 | 0 replies
My thought is to take a compiled list of property addresses saved in Excel and then run data scrape from Zillow and Redfin on each of those addresses, pulling the property details back into excel and into the appropriate table I have set up.
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17 February 2025 | 71 replies
I made some of the biggest changes of my life but I'm setting my career up for long term growth.
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19 February 2025 | 27 replies
The principles in the Academy are aligned but what sets it apart is that with Nate it's a more granular level.
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24 January 2025 | 8 replies
Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.
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13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
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1 February 2025 | 1 reply
Nothing is set in stone yet, so I’m open to suggestions on how to navigate this situation.Thanks in advance, BP community!
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6 February 2025 | 18 replies
Right now, I include a few essentials (bottled water and some snacks), but I want to make it more thoughtful and help set the tone for a great stay.For those of you who offer a welcome basket, what items have you found to be the biggest hit with guests?
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12 January 2025 | 2 replies
LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.
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6 February 2025 | 3 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.