Sam LaGrassa
HELOC or Cash-out refi
24 June 2018 | 25 replies
The Margin is fixed while prime rate floats and its typically interest only.As for fixed rate loan cash out refinance its fixed its great but downside is you pay interest day 1 even if you have a project to work on or not.Depending on how you plan to deploy and how much you think you'll be deploying you'll pick a fixed or a line of credit.
Derek Bailey
Advice Please. What would you recommend for a beginner?
18 June 2018 | 6 replies
It can earn you more money by adding value than you'll receive with a SFH of 4 units or less.
Weston Harding
Best Cabinet company in St. Louis
1 July 2018 | 4 replies
In Chicago, we typically go with a Chinese made and American assembled cabinet.
Matt Thompson
Owner financing a portfolio
20 June 2018 | 3 replies
I've done a number of owner finance deals as a buyer, and an attorney is not terribly expensive, typically about $1k per property including the note and title search.
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
22 June 2018 | 30 replies
We could all start charging for our time, but again that would further complicate the matter.He will be getting paid every two weeks which in the end will be deducted from his 30% share of the profits earned.
Amanda Berg
downpayment and property management questions.
17 June 2018 | 2 replies
In MHO, if you aren't earning much in savings, use that.
Brandon Richards
Slowly removing myself from the company with systems and VA's
16 June 2018 | 0 replies
I built in an independent WIFI network so that the laptop can register my IP address while they work from the Philippines.I'm currently working on more training videos for them to have them doing more things, one of which include about 45k emails a month.I can literally be on vacation now and not stress a bit, I don't check my laptop every 2 seconds, I don't typically return emails or many calls at all.
Patrick Hall
Self Directed 401K Taxation of Rental Income
12 November 2019 | 27 replies
@Linda Weygant my understanding was that properties purchased with 401k funds cannot benefit from depreciation, because the earnings from the 401k are not taxable.
Vedran Josic
analyze commercial deal please help Under Contract
18 June 2018 | 3 replies
Does your complex have any extra space to possibly expand into something that will earn you more money.Have a reserve account with a balance that will help you make repairs and turnover expenses.
John Warren
Converting SFH to Duplex during rehab?
18 June 2018 | 6 replies
Once you've got the stamp of approval from the city, is there any reason the utilities would have a problem from there, or is it typically just a matter of paying whatever crazy fee they require for the work?