Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Eddie Ziv
Appreciation VS. Cash flow - The clash of the titans....
I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
Davido Davido
Unusual Tax Question Is this money for nothing? Is it Tax Free?
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
Elizabeth M Williams
How Psychology Impacts our Investing
I was reflecting on some of the initial impressions people have about multifamily syndications today, which prompted me to dig a bit deeper into the ‘why’ behind comments I’ve seen on message boards & social media...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Jeff Sims
What kind of car do you drive?
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Mike Franco
Tenants hired asbestos inspector. I want to let them out
TL;DR tenant found asbestos, and won't feel safe until I go to extraordinary lengths and expense to prove the house is safe. I am not going to play this ridiculous game. Asbestos abatement for things that don't lawful...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
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...
Account Closed
California to make "Solar "mandatory for new Homes!!!!!!
The first state in the nation to make solar mandatory for new builds starting in 2020 . Pros? Cons?https://www.cnbc.com/2019/02/15/california-solar-p...
Michael B.
What vinyl plank product do you use?
I'm just jumping on the vinyl plank bandwagon for my rentals. Up until know I always went the cheap carpet route. A few quick questions for you guys who already use this product in your rentals. What has been your exp...