
27 June 2024 | 17 replies
Networking with local investors can provide insights into the Pittsburgh market, recommended contractors, property managers, and other professionals.

24 June 2024 | 1 reply
Online I found that tenants are not required to pay the difference between their vocher amount and any remainder of rent.

26 June 2024 | 8 replies
You can look me up online, “Your Home Away Management San Antonio”.

25 June 2024 | 4 replies
Probably any of the online shops like CE Shop or Aceable agent.
28 June 2024 | 14 replies
I have family with a portfolio in North Texas and over the past four years their taxes have increased 100% or more per property for no increase in the services provided to them.

27 June 2024 | 8 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

27 June 2024 | 2 replies
Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.
26 June 2024 | 7 replies
We provide a simple Weber charcoal grill at our duplex unit for tenants to share, and leave it to the tenants in our single-family properties.

26 June 2024 | 11 replies
There are different strategies to take advantage of, from live flip to acquiring units (many coming online).

26 June 2024 | 4 replies
I’m just trying to do all I can to get creative with my options haha and having trouble finding this exact info online.