My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
I have been using the rental calculator for a few weeks now, and I know it's best to have at least a $200/unit cashflow on 2-3-4plexes, with at least a 12% return on investment...but when I changed the down payment fr...
I've been working with an agent for a couple months now in hopes of finding my second deal. He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him...
Hi everyone!
I have a mobile home park in Idaho which will have an onsite property manager. Does anyone know if this individual needs to be a W2 or can I hire on a 1099? I have received mixed information regarding ...
I'm in Illinois and the annual tax lien sale is coming in the county I live in. I've read Loftis' book and all the forum posts I could find that specifically talked about tax liens (and at least most of your blog pos...
My mortgage rate is very high and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not? any advice on paying mortgage off or faster
Hi BP,Like many buy-and-hold REIs, I'm getting hung up on what entity to form with regard to investing in notes.Have most of you formed an LLC? My understanding is that some exchanges will only sell to an LLC or compa...
Hello Everyone Im writing this post to see if theres any thing im missing in my thought process. Im always interested in hearing someone elses viewpoint. I have heard time and time again that a primary residence is no...
Hello all,New to this forum so please tell me if my formatting is off.I found a deal that I am currently under contract with for $150,000. 4 Bedroom, 2 ba SFH in a C- part of Philadelphia. I am planning on financing 8...
I posted this in the section for agents, but didn't receive any replies. Thought I'd post it here as well. I'm currently a full time house flipper/ real estate investor, but am interested in starting my own brokerage ...