Jessica Medvec
Is “cash only” really cash?
29 December 2024 | 9 replies
A "total reno" can mean it's all original and very outdated but livable or it can be an absolute disaster with foundation issues and sewer and water problems.
Sam Dunlop
Purchasing a fix and flip in flood zone
19 December 2024 | 8 replies
Doing a Fix and Flip in a flood zone is totally fine, but there is obviously added risk on the exit.
Joe Gettler
Pursue Monthly Rental in San Francisco with my 3 unit?
2 January 2025 | 11 replies
Totally agree with you and it looks like I need to get a business license to do the intermediate leasing occupancy (ILO) in SF.
William Bohan
Long term landlord approaching retirement looking to maximize income
31 December 2024 | 18 replies
We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
For my wife's account the total fees to do this was a one time $75 fee.
Aaron Kuehmichel
Who pays when Tenant requests 220 volt electric dryer hookup; 110 and gas provided?
29 December 2024 | 13 replies
(Otherwise it would be your dryer they removed.) then they would have to be looking at the obvious connections and go to the store and buy the wrong type.
Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
A total of 2% return for as long as it takes you to double your money.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.
Henry Clark
Belize 25 acres Teak
4 January 2025 | 28 replies
Just $800 today for the dozer totally stepped up the view of this property.