Keegan Darby
Keep or sell?
20 November 2024 | 5 replies
If so, maybe you just keep it and do a cash out refi once rates come down a little more.
Gabe Chase
How to Keep Things Streamlined...
22 November 2024 | 11 replies
I don't pay for ANY 3rd party software.Vrbo keeps my calendar full.
Laura Casner
Keeping momentum and a positive attitude.
15 November 2024 | 9 replies
Usually that is the thing that keeps you going and motivated.
Jeremy VanDolder
House to keep student houses clean?
16 November 2024 | 2 replies
The house gets a deep clean from a cleaning company once a month but this just does not keep up.
Jesse Jones-Smith
Advice on keeping expensive house as rental and downsizing
16 November 2024 | 12 replies
Keep out only enough to buy one good starter rental.
Aileen Ouyang
Keep or Sell?
7 November 2024 | 3 replies
Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment.
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
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!)
Arron Paulino
Squatters and Thiefs Keep It Up
11 November 2024 | 29 replies
We could also tie our security cameras into the police system as part of a local program here in Chicago.We also paid "house sitters" to keep the squatters out!!
Jared Smith
Should we keep our home as a rental
14 November 2024 | 25 replies
@Jared Smith If the numbers don't work, then it may not be worth keeping.
Jason Proulx
Should i keep house or rent it in 2025
17 November 2024 | 1 reply
Do you even want to keep the home in MN since you moved?