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1 April 2024 | 7 replies
massive excessive government stimulus has consequences (as do other inflationary policies)
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1 April 2024 | 7 replies
When you look at Florida as a whole for STR, you want to focus on the areas that have always survived and thrived on excess tourism.
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1 April 2024 | 8 replies
However, I will get a credit from the electric company for the excess electricity the panels produce.
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.
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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.
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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.
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30 March 2024 | 18 replies
If I could do that, I might get the property for what I'd originally intended, plus the owners would get some badly needed money instead of a big fat NOTHING by losing it in the auction.
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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!).
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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.
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30 March 2024 | 45 replies
Declining rates and demand coupled with excess supply is making the STR business harder than ever.