Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Bill Zhou
How would you improve your cash flow with $1.2M in townhomes?
Hey guys, my situation is a little tricky so I was wondering if I could get some input from you all. This is kind of a “what would you do” question. Thanks for reading!Current situation:I have five townhomes in the Mi...
Nick Ferrari
Strategies on increasing tenant rent
Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...
Jennifer Stammberger
What exactly is a DSR loan?
David Greene mentioned a DSR loan in one of his recent youtube videos which I've never heard of. If I understood it correctly-it's simply a loan that does not use your W2 to qualify but the lender would look at the pr...
Luke Miller
How to buy rentals quickly as DTI is increasing
I know everyone has their strategy, but I am trying to decide how best to proceed.
1.) Local market: rentals provide 17-21% annual returns for single family detached priced between 40k-70k. The market is great for b...
Yuri Shamsin
Life Insurance options
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
Ernie Be
Inherited my stepdads property
My stepdad passed in early September and left me his home/truck. I could sell home for around 300k...he still owes vicinity of 150k. I know it's all a personal decision however I wanted to hear some opinions. I have t...
Steven Barr
How much of your cash flow should you live off of?
How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
David P.
if You Had $1 Million to Invest Today
Plenty of buying and selling still going on these days, so thought I'd pose the question to the community given where we're at in the cycle.Would you diversify the property types in your portfolio (multi family, condo...
Chris Hill
$40k/month goal. Which strategy will get me there faster?
I'm 41 and want to retire in 10 years. I have a few options to reach my goal of 40k a month, 10 years from now, but need some help.Background: I have two investment types. One - I have 14 condos, all with loans/le...