What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...
This is just a theoretical that popped into my head, but for those markets where rents are relatively low, would it be reasonable to take on a tenant with the typical one month's security deposit, but in addition you ...
I am refinancing $400k loan now to take advantage of lower rates on my primary residence. I have 2 options. 15 yr fixed @3.375 % vs. 30 yr. Fixed @3.875%. I am able to afford higher monthly payments for 15 yr fixed bu...
I have a rental property under a LLC with a business partners(2 partners in a LLC). How is profit taxed in LLC? Lets say the rental property generates $100 net income every month. In the end of the year if we dont ta...
Hello it is i ... the new member,So ive been reading all over the web, watching youtube videos about this magical tool homeowners can utilize once equity in the home permits of course called an HELOC. I think i have s...
Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolio
Purhcase Price is about $55,000 two financing options available:
1. 90% loan which will be at %7.25 interest an...
Hi Every Just a quick question does anyone set-up their renters on a one year lease where they pay weekly instead of monthly. I'm looking at a property where they have done this and they told me they make more that w...
For those that have spent considerable time on the platforms or have been following the industry I was hoping you could comment some on what value you think the platforms provide with respect to screening projects. I...
Fellow landlords and PM, how should I respond to this text message from my tenant? My tenant texted me this morning regarding renewing his lease which ends on October. He wants to revert back to $850/month (which is w...
Hello everyone -
My wife and I are looking to get started in RE investing by flipping a house. We have sizable student loan debt, but we have good jobs and income. As such, we are in a position for 2018 where we shoul...