Thomas McPherson
Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
Cutting down on gov't spending and the pulling jobs back into the US should help offset some of the tariffs, but it will come down to which items exactly do get tariffs put on them and to what degree the tariffs are (10%/20%/50%).Overall, my guess is that rates will go down for early next year, rise during the middle quarter-third of the year, then fall slowly afterwards.
George Hernandez
HELOC denied because of low LTV
17 November 2024 | 7 replies
well 70% of 455ks isnt much more than you currently owe at 283k the 70% of 455k is 318.5k and after closing items you might only net 20-30k tops (new loan minus current 283k - closing items = net proceeds in "hand.").So The question you should be thinking about is what are my closing items and is this enough cash to accomplish my mission/goal?
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
We’ve got to separate this type of loss from those in which the 5 items listed above weren’t followed.
Ana Mills
Separate credit cards for each airbnb? Or is that complicated to track?
20 November 2024 | 13 replies
The most important thing is going to be staying organized with what items are purchased for which property.
Stephen Hood
Advice on selling to access equity
20 November 2024 | 6 replies
My AC unit has another 3-5 years before it’ll need to be replaced so I’m thinking this may be a clean exit before large big ticket items start needing attention in the next 5 years.
Pat Arneson
Anxiety Over Rehab Costs
25 November 2024 | 23 replies
Even if you try to put a dollar amount next to each item and you don't have much experience, you won't be that far off.
Jason Porto
Reserve Fund Contributions
18 November 2024 | 12 replies
Set Aside for Major Repairs: Most Cap Ex items have a life expectancy.
Dylan Robinson
New to REI
15 November 2024 | 23 replies
They also did the STR model while househacking and are doing well.It can be done, but you may need to get a bit creative with your tenants, not just relying on the LTR model.Best of luck!
Jaidan Lanier
Military VA Loan/Getting Started
20 November 2024 | 15 replies
I also completley share his advice on a bias for action.If you are interested in a good book reference with checklist like models, check out "The Perfect Investment" by Paul Moore and "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, both also available in audio versions.
Nolan Ring
3/3 lenders have no idea about FHA loans
21 November 2024 | 10 replies
Self Sufficiency test is the important item for 3-4 unit FHA homes.