
17 September 2024 | 8 replies
(S)he should have access to a number of insurers and policy types.I checked with Proper and Steadily and both do not allow more than one booking in a house at the same time.I'm wondering if there are any other insurances that do allow it?

13 September 2024 | 9 replies
But a couple things to note:What happens to real estate taxes when you pay for 1.45mm?

16 September 2024 | 22 replies
No, I said the loan cannot be less than 10 year-term, if I cannot find a 30-year term.Joel Barjon
16 September 2024 | 9 replies
And, as Nathan noted, you are likely giving up huge appreciation potential, which will likely never be replaced by cash flow.But at the end of the day, if you are in a declining market in LA and are able to find great deals in higher cash flow areas, taking into account the likelihood of needing to outsource everything and additional travel costs to visit the properties a couple times per year, and you don't really care about appreciation, then it could work for you.
14 September 2024 | 2 replies
Usually, there is no taxable event if the LLC owners are the same as the current property owner.

16 September 2024 | 1 reply
I would be taking out more money than the 6% anually from the stocks, but my thinking is that I could make that money last 4-5 years and after those years do another cash out refi and repeat the process.

16 September 2024 | 3 replies
You are going to 3x your interest rate so more than likely your payment will go up so what you have right now is probably the most affordable and any more borrowing will just increase your payment.

14 September 2024 | 23 replies
Also I wouldn’t lower the sales price by more than 30-60 days holding cost.

12 September 2024 | 25 replies
That will usually suffice.

14 September 2024 | 8 replies
My thought was I could purchase the property, break even, and refinance in a couple years when rates hopefully come down.