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21 November 2024 | 4 replies
I used CE Shop and they are nationwide.
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21 November 2024 | 1 reply
This building was built and 1924 and has a lot of old character.
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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21 November 2024 | 7 replies
If inflation and yields stay high, we might see more buyers sidelined, which could cool demand and stabilize prices.
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21 November 2024 | 6 replies
I actually reached out to him just to phone chat as while he was arrogant and grating, he seemed to know what he was talking about.Very arrogant and all-knowing over the phone, just rubbed me the wrong way.
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21 November 2024 | 10 replies
I'm also just north of Boston and have been investing here since 2013.
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31 October 2024 | 15 replies
Usually that is between the realtor and their company and part of the commission fee.
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21 November 2024 | 0 replies
Purchase price: $605,000 Cash invested: $12,000 Sale price: $785,000 Contributors: Peter Vekselman Partner Driven and Ann Mesa purchased this home for $605,000 on 06/27/2024, invested $12,000 in targeted renovations, and sold it for an impressive $785,000 on 11/15/2024.
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23 November 2024 | 4 replies
Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.
21 November 2024 | 24 replies
Contact them and find out.