
14 December 2024 | 13 replies
Have you been able to?
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

14 December 2024 | 4 replies
If you have a place in Nashville, it could be either and both.The larger the place, the more you are likely to cater to families.

14 December 2024 | 22 replies
I will use these years of experience to provide an introduction to investing in PadSplits.

14 December 2024 | 8 replies
Thank you. just talk to any mortgage company and tell them you want to come work for them they will tell you what you need.

15 December 2024 | 0 replies
Every home and neighborhood is unique and buyers have a lot to think about!

15 December 2024 | 3 replies
There are a million sites you can look at to get an idea based on more parameters.

19 November 2024 | 5 replies
Managing a short-term rental (STR) can feel like a full-time job.

15 November 2024 | 7 replies
I currently have 1 Business Bank Account that is for Master LLC and stuck on best way to manage cash flow and flow of funds between account for all master expenses related to my business setup vs and also expenses/ rent related to the properties to ensure that I keep things clean, simple and easy for reporting, taxes.

14 December 2024 | 9 replies
Good luck to you and the other people on here that are investing.