Kevin Moules
New investor from Central California, Turlock!
24 March 2018 | 13 replies
During this trade war (2018) and with the recent CA weather, food is a commodity that can only go up.Maybe you could target a multi-million commercial farm deal in the future?
Shara Jones
Can a landlord do this?
19 June 2018 | 13 replies
She does other things like make him food as payment.
Antonio Martinez
Newbie: Have idea of using HELOC to supercharge my REI start
27 August 2018 | 3 replies
Hello Everyone.....i just joined this forum bc as i was scouring the internet over the last couple of day this forum kept popping up as full of information. so thank you all for letting us newbies access all this wealth of info. my situation is as follows. current mortgage balance on 2 family home: 360k @ 3.75% for 30 years ($2300 montly PITI)current market value by a local Credit Union: 553kjoint Debt between me and wife: 77k (majority is student debt)Montly Debt payments: $1265.00Rental Income from Duplex Apt upstairs: $1700.00my idea is to get a 10/20yr HELOC for 80k to consolidate our Debt obligations and then paying only the interest on the HELOC (5%) is a 333/month payment. basically converting our 1265.00 montly debt obligation burden into a 333.00 burden. we would be responsible for the mortgage (2300.00) and the HELOC interest payment (333.00) which is 2633.00this minus the 1700 rental incomes makes our montly home burden 933$ dollars.our monthly income combined is approx 6k after taxes but we also have daycare and food and car insurance and the like. my idea was to basically transfer and extend our current debt to a lower montly payment as we plan on moving in 1.5-2yrs and then fully renting our 2 family home which should bring in about $3500 a month conservatively (city property with 2 parking spaces). the rent of the home would cover both the mortgage and HELOC interest payment and STILL be positive cash flowam I wrong to think that then the HELOC would basically be paid by the Tenants and not me....in a way i would have transferred our CURRENT debt to another debt vehicle which would then be paid by someone else. the plan after paying all of our non HOME related debt would be to save aggressively. i am thinking 2k-2.5k a month should be doable. although i have also thought about aggressively paying down the principal on our primary mortgage instead.am i missing something. i know people dont like HELOCS bc of the variable rate...but is interest rate important when someone else is making the payments?
Nicholas Herold
Real Estate Investing in Maine
17 June 2020 | 43 replies
The quality of life is second to none, the amenities of Greater Portland are fantastic (food, art, recreation, entertainment, etc.) and population is growing.
Andrey Y.
Calling all Chicago, IL area investors
26 September 2017 | 1 reply
Most important, I will be sampling copious amount of alcohol, food, tea, events, and nightlife.If someone wants to join me in any of the above endeavours, talk some real estate, have a beer, etc. it's my treat.
Raj G.
Part time income -want to learn some skill
28 October 2018 | 6 replies
I also learned that if I ever had to depend solely on sales commissions to put food on the table, I would never have had a problem with becoming overweight.
Chyniece Cox
Investing in Wisconsin
20 February 2020 | 26 replies
Milwaukee is sitting on some of the most affordable housing in the country, is adjacent to one of the largest freshwater lakes in the world, has entertainment & food that rivals every major metro, it's sports teams bat way above average for a small market which attracts hundreds of thousands if not millions of people here annually, economic development has been happening at a level unprecedented since the '50s (we are breaking ground on the world's largest mass timber building in June), has a tech ecosystem on the ground floor of attracting major talents with partners from the fortune 500 companies in town... this run-on sentence has gone a bit too long, I'll stop here.If you are looking for the days of the 2% deal, they are over.
Ellis Hammond
Deal Maker Dinner in Phoenix on Friday (6/14)
12 June 2019 | 3 replies
This is not a dinner to "pitch anyone on your deals or mine" just an opportunity to network with real players in the market over good food and wine.
Chad U.
Impending Commercial Real Estste Collapse
29 March 2020 | 16 replies
Food delivery trend is going to speed up a ton.
Shawn S.
Ok to purchase turnkey (new investor)
8 July 2020 | 19 replies
There will always be money going to, for example, the bars, the fast food places, Target, Walmart.