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Hey, guys!So I was wondering if any of you follow Dave Ramsey and what you think about his advice on buying real estate? For those of you who don't know, Dave Ramsey suggests a zero debt, 100% down policy for practica...
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I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...
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Hello! We invest in single-family homes in Southwest Washington (State), and the SFH I'm writing about is located in Vancouver, Washington.We have a tenant (a mother and two high school age children) that have been e...
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One of my tenants sent me this email. I’m having trouble coming up with a tactful way to say, “This isn’t my freaking problem!” LOL, anyone have something better than that to where it sounds like I care and want to he...
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My stellar tenant of two years plans on renewing his lease this month. He called me today to ask if he could pay a full year’s rent in advance for a ten percent discount. I told him I’d have to think about it and get ...
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I’m in the process of buying my first rental property. My credit union is offering 3.1% on an15 year while another lender is offering 4.87% on an 30 year for investment properties. I’m 46 and aim to retire by 65. With...
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I'm trying to understand why so many people stay away from investing in Michigan? There are homes everywhere for 30k. I realize there is no appreciation, but the cash flow seems great. $700-$900 a month in rent for...
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Hello team,I acquired an 8 plex about a month ago. The in place tenants were month to month. We drafted a new lease with a rent increase and instructed the tenants to return the signed leases by Jan 1st. I have one...
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I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
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I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?