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14 October 2024 | 24 replies
If you can afford to do so, contribute $22.5k to your 401k (ideally a Roth 401k).
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12 October 2024 | 16 replies
A 30-year fixed rate offers peace of mind knowing your payments won’t change over time.The longer you hold the property, the more value you'll gain from the lower interest rate, so it’s ideal for a buy-and-hold strategy.3.
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9 October 2024 | 5 replies
Ideally, closer to the main strip such as some restaurants on Commonwealth or especially on Mount Vernon.We are doing the mid-term rental route on Airbnb.
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11 October 2024 | 13 replies
My focus is on properties that are slightly positive in cash flow, while also offering capital appreciation potential, and ideally being self-sustaining in the long run.During a recent visit to LA, I didn’t quite feel confident about the current state of things there.
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8 October 2024 | 3 replies
The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.
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10 October 2024 | 25 replies
I just received a quote from my AC company, these are the two options we received:Option #1: For a 2-stage Rheem heat pump system the total price will be $8,340.00.Option #2: For a single stage Tempstar heat pump system the total price will be $7,280.00.The property is a long-term buy and hold, so we plan on owning for the next 30+ years ideally.
12 October 2024 | 2 replies
You can also track your assets and liabilities in different currencies.Why investors should use it: With PocketSmith, you can track multiple income streams, which makes it ideal for real estate investors.
10 October 2024 | 0 replies
Start with this mobile home inspection checklist.One quick caveat: Going through this list doesn’t preclude hiring a reputable inspector—ideally one with extensive familiarity with mobile or manufactured properties.
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14 October 2024 | 37 replies
Ideally, it would be equity for me.
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10 October 2024 | 9 replies
It’s an ideal approach if you’re focused on minimizing risk and maximizing control over your investment.