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4 September 2024 | 8 replies
“The ability to attend to a task and stick to long-term goals is the greatest predictor of success, greater than academic achievement, extracurricular involvement, test scores, and IQ.
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4 September 2024 | 7 replies
Is it possible to compare what the brokers I have consulted with offer.Or is that unethical and I should stick to the first one who send me his details also for the sake of not affecting my credit score.
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5 September 2024 | 19 replies
One other advantage of passive investing is you get much better diversification because you don't need to stick to one asset class.
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4 September 2024 | 10 replies
Loans can generally be assumed but they can take a long time with lots of costs.If you are buying the dollar stores stick to absolute NNN and upgraded construction in stronger suburban areas.
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9 September 2024 | 46 replies
Stick with the books and take the steps that they lay out.
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2 September 2024 | 5 replies
The longer you stick to your plan, the more successful you will become.
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5 September 2024 | 20 replies
You will have to spend considerable time and energy getting familiar with a new market whereas if you stick with the original one you appear to have enough capital to get started right away on a new building.
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3 September 2024 | 10 replies
I think they should stick to purely tax software and quickbooks.
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3 September 2024 | 15 replies
As mentioned unless you are extremely experienced those throwing offers out there to see what sticks are typically wasting peoples time.
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1 September 2024 | 10 replies
I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?