21 November 2024 | 8 replies
Much of the info you are seeking can be found on AirDNA.Com.
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20 November 2024 | 31 replies
There are a lot of folks on that facebook page meeting for the very first time.. and well that can lead to some folks being way to trusting.
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21 November 2024 | 39 replies
Obviously an unproportionate response to the potential risk of a shoot-out in the parking lot.Most people who ask the asset protection question have no assets to protect that are large enough to make them a viable target.
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21 November 2024 | 3 replies
That was I was able to close my replacement before the 45 days had even passed.
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21 November 2024 | 10 replies
They may be more emotionally concerned, but that doesn't mean they are better at the job.Why are millionaires and billionaires using financial managers, property managers, nannies, and maids?
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27 November 2024 | 6 replies
My lease agreement informs them that I expect them to do this and I have instructions this, and they have asked me for these very instructions, which I have yet to create.
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!)
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26 November 2024 | 2 replies
For you seasoned investors, does it make more sense to go to Home Depot and take advantage of their deals for appliances and such, or are there better alternatives for flooring, tiling, and appliances?
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21 November 2024 | 4 replies
You need to be able to come up with this really before you spend money on a civil for plans that tells you it won't work.
25 November 2024 | 6 replies
Input on any of these or other recommendations are much appreciated!