Bentley Denman
First time home buyer screw up
2 April 2024 | 8 replies
Get aggressive with prepayment (paying excess principle each month) to get more equity to drop 6.Get a HELOC then pay for another home (rent your first home) then have an interest only loan during the withdrawal period for about 5-10 years.
Kapil Patel
Capital Gains Tax Implication and Advice
1 April 2024 | 10 replies
The excess funds I received over the cost of construction were used to make the payments on the house for two years.
Mike Lambert
Buying pre-construction properties in Tulum and Mexico in general
1 April 2024 | 67 replies
If you buy a property mostly as an investor, try to buy at the best possible price, without sacrificing excessively on the quality.
David Travieso
Tenants need to Vacate for a few day while maintenance is being done.
30 March 2024 | 12 replies
Good day BP family, Unfortunately, excess moisture needs to be dried out in the kitchen ceiling which is also the bathroom floor (great!).
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
29 March 2024 | 11 replies
The max Uncle Sam allows is 50k if you haven't taken a TSP loan in the last year.I've seen both good and bad experiences with this but at the end of the day it's no different from any other type of loan, you are just your own bank in a sense.The downside or risk is that you lose your job, your property isn't cash flowing, are unable to pay back the loan, and your retirement account suffers since the loan essentially turns into a withdrawal.The upside or best case is you have the loan for less than a year, your BRRRR pays off the loan, and you pay yourself interest 5% interest.The opportunity cost is if the stock market goes up 20% and you were only paying yourself 5% interest you'll miss out on the excess returns.
Anthony Sciumbato
false financial docs discovered post closing
27 March 2024 | 2 replies
I only want a fair purchase price but the unbelievable stress has taken a toll on my sleep, appetite, my life in general.
Marty Howie
Are investors still buying properties in San Diego?
29 March 2024 | 7 replies
In addition the tenant protection Act of the city of San Diego places rent control and eviction rules in excess of state mandated laws.
Komal Sekhon
Dad invested ~2009 and made good rental income in our town, impossible for me now
30 March 2024 | 45 replies
Declining rates and demand coupled with excess supply is making the STR business harder than ever.
Jay Hinrichs
Chips Act Path of progress investing is where the big dollars are made Oregon
1 April 2024 | 39 replies
I just cringe every year i have to pay that its for gross revenue in excess of I think 1 or 5 mil..
Michelle Martin
Any success in suing a property manager?
28 March 2024 | 9 replies
I was left with an excessive water bill ($10k) at my 4-unit property as they failed to fix a water leak, which I complained about once I noticed a spike in the water bill.