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6 November 2024 | 26 replies
It does seem though that one of their value add services is an easy sale into the flock.
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5 November 2024 | 6 replies
He said "Son I have been cookin eggs here for 20 years and well come tomorrow and the next day I will still be cookin eggs" As in nothing is going to change in his world.I fly home and get into Portland in the evening only to see all the portland weirdos and antifas and who knows what rioting breaking windows setting fires.
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4 November 2024 | 2 replies
In 2020, we took on one of our most challenging deals in Hudson, NH, where a woman reached out, desperate to sell her home and escape a troubled marriage.
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5 November 2024 | 0 replies
They've been a game-changer for me, and I'm curious to hear if anyone else has tried them or has other favorites.The first one is Reimagine Home.
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4 November 2024 | 34 replies
NOT as BS HM letter, like the one you mentioned.
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4 November 2024 | 8 replies
All: Really appreciate the community here and the hive mind.
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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5 November 2024 | 8 replies
So some have one or the other.I like solar powered cameras instead of Ring's of any kind.I have the Eufy exterior camera with separate solar panel.
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4 November 2024 | 11 replies
This all seems very subjective to me.
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4 November 2024 | 3 replies
Who do you use and recommend for property management in Decatur, Alabama?