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30 January 2025 | 13 replies
I also have personal W2 income, if that matters.Is there a loan out there for a set-up like this at 15% down?
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12 February 2025 | 20 replies
When the deadline approaches you need a person to push it through in time.
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17 February 2025 | 15 replies
It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick
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10 February 2025 | 13 replies
That is a great post, and I'd love to follow up and see how things went for my own personal knowledge.
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24 February 2025 | 20 replies
Instead, these funds were allegedly diverted to finance other real estate transactions and for personal use by Wettengel and co-defendant Tanya Muro.
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1 February 2025 | 0 replies
Do you think they're worth the investment, or do most buyers still prefer in-person showings?
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24 February 2025 | 8 replies
I personally like radiators, especially steam because the heating system is simple!
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23 February 2025 | 10 replies
Easy to use yourself too HELOC works (there may be some places that do a HELOCs on rental properties)I personally have used a 401k Loan on a few occasions - You're essentially borrowing money from your 401k and paying yourself back (interest goes back into your 401k as opposed to a bank) and if you don't pay your 401k back the loan would simply become a withdraw (maybe some tax penalties, but you could probably finagle a workaround).
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31 January 2025 | 7 replies
@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.
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22 February 2025 | 17 replies
For my personal portfolio I use a modified spreadsheet amortization by VERTEX, available in Google Docs.