tag:blogger.com,1999:blog-1108425927016339267.post2447359842404321040..comments2023-10-05T02:55:57.928-07:00Comments on Investing Early: Trouble with adding to the Real Estate Portfolio.Anonymoushttp://www.blogger.com/profile/01479600418024745825noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1108425927016339267.post-85658888022798759222015-01-14T22:57:21.341-08:002015-01-14T22:57:21.341-08:00Real estate investment will need more capital than...Real estate investment will need more capital than other investments. This is also a long term investment which is affected by the inflation rates and other factors. With this information I can say that you really have to invest now on a property that wait for the said property to increase it's value. <br /><br />The sooner we invest the better. <br /><br />But, remember we should always consider what our heart says on the property we want to invest into. And with this, I would like to recommend checking properties at Williamsville. <br /><br /><a href="%E2%80%9Cwww.villagehomesales.com/?s=5854+main+street+williamsville+ny%E2%80%9D" rel="nofollow">5854 main street williamsville ny</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-14147462463746202242014-07-04T05:17:12.328-07:002014-07-04T05:17:12.328-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/07745632881023823057noreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-76681385178653397982014-02-04T09:56:05.134-08:002014-02-04T09:56:05.134-08:00Thanks for the comment Atik, although the journey ...Thanks for the comment Atik, although the journey to financial independence is long, it will be rewarding.Anonymoushttps://www.blogger.com/profile/01479600418024745825noreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-63969347541472965132014-02-04T01:28:19.160-08:002014-02-04T01:28:19.160-08:00Thanks for one’s marvelous posting! I genuinely en...Thanks for one’s marvelous posting! I genuinely enjoyed reading it, you are a great author. I will remember to <br />bookmark your blog and will eventually come back from now on. I want to encourage that you continue your great posts, <br /><br /><a href="http://www.rentinchiangmai.com/" rel="nofollow">House in Chiang Mai </a><br />Anonymoushttps://www.blogger.com/profile/03988038574570126778noreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-13535431924008581782014-01-28T09:30:24.948-08:002014-01-28T09:30:24.948-08:00Thanks for the suggestion, the interest rate is a ...Thanks for the suggestion, the interest rate is a 7 1/8% for 30 years. If I purged my stock accounts and dumped my cash, my passive income from all units rented would cover 106% of my monthly expenses. The reason for such a big jump is I automatically tack on 200$ extra on the payment each month to drive the principle down.<br /><br />The way I was originally looking at it, was adding a 4th unit bringing in 675 (after fees), but after factoring in taxes and insurance my passive activities would only cover 96% of my expenses.<br /><br />After really looking at it... paying down the mortgage would make more financial sense. I could be FI (assuming all rent always paid but doubtful) and clean up my balance sheet The good news is though that either road I take I can still generate positive cashflow if one of the units is ever un-occupied. As of right now, when one is vacant I'm automatically down at least $300 for the month.<br />Anonymoushttps://www.blogger.com/profile/01479600418024745825noreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-57877697029645566162014-01-28T07:30:54.141-08:002014-01-28T07:30:54.141-08:00I'd pay off the $30k mortgage because it gives...I'd pay off the $30k mortgage because it gives your more options and choices with your portfolio. Whats the interest rate on that mortgage?<br />1: Free up some cash flow. It will speed up your future portfolio income.<br />2: You are at 83% passive income covering expenses. Will this put you at 100%?<br />3: It frees up a mortgage for you to buy your 4th house. While that will setback #1 and #2 above, it grows your overall income.Pulling Myself Uphttps://www.blogger.com/profile/03676667648941966869noreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-58816957278778394182014-01-27T11:04:58.570-08:002014-01-27T11:04:58.570-08:00The joint venture is an interesting option, pretty...The joint venture is an interesting option, pretty tough though finding someone who would be able to handle this.<br /><br />The assumable is another good idea, im just trying to prevent adding more debt to my already massive debt pile!Anonymoushttps://www.blogger.com/profile/01479600418024745825noreply@blogger.comtag:blogger.com,1999:blog-1108425927016339267.post-23159792894736299502014-01-26T18:38:03.037-08:002014-01-26T18:38:03.037-08:00What about a joint venture with some one. If you f...What about a joint venture with some one. If you find the deal, they can make the down payment and qualify for the mortage. When the property eventually gets sold, the profits are split 50-50.<br /><br />Another option is taken on assumable mortgage or vendor take back setup.Investing Pursuitshttps://www.blogger.com/profile/07276747402458953430noreply@blogger.com