Hi everyone, I am purchasing some properties and am trying to decide if I should leverage several 3 to 6 properties or what? Just had an offer accepted on a 4 plex in San Antonio area, new construction for 570K as of...
Hello, I would like some help understanding the math related to taking a 401K loan. - I have a 401K which allows up to $50,000 loan for any purpose- 6.5% interest- time period can be 6 to 60 months- it is paid back wi...
Hello all, I am looking at the various property management software companies and believe I have narrowed down to Buildium and AppFolio for my needs (also considered Yardi Breeze, Rent Manager, Rentec Direct).I have s...
Never in a million years would I think about “using my home as a credit card,” as some like to say. I am seriously considering looking into getting a HELOC (or similar) on my primary residence in order to use the mon...
We've been using Vacasa for a property that is held through a self-directed IRA which stipulates we are not supposed to be doing the "property management".
We were considering using Evolve and I wondered if anyone ha...
I know that when a new tenant offers to pay upfront its a red flag. However, for an existing (good) tenant anyone ever consider offering a plan where rent can be paid in advance in return for a discount? I am in soft...
Super basic question alert! I have trouble factoring in exactly how much my hard money expenses on a given project will be. I am looking to use hard money to purchase a home with cash, perform light rehab, and then re...
I have been using Sparkrent for a few months and have liked it on the landlord side, but I have had 3 tenants that all have stumbled at one point using it on the tenant side. I decided to look for another service.I d...
Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...
What are the different ways tenants can pay rent?