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The HENRY Investor

332 members โ€ข Free

The Investing Mom Academy

127 members โ€ข Free

4 contributions to The HENRY Investor
Bilt
Howโ€™s everyoneโ€™s experience with the Bilt credit card? What are the pros and cons? I read that it can also be used for mortgage payment.
Bilt
0 likes โ€ข Feb 7
I use it for one of my mortgages with UWM. Looks like it will only accept certain banks, and only one mortgage at a time, not multiple, I tried :) It did not accept Truist.
1 like โ€ข Feb 7
@Lynn Gao my mortgage is almost $3k and you need to have 5 transactions minimum per period, I probably charge $4K worth of stuff and get roughly $25-$30 cash back per month. Better than nothing!
STR Calculator Spreadsheet now available
John bianchi graciously let me steal his calculator, which he uses to analyze STR properties and also the potential tax savings if you were to do the STR Loophole. Its in my classroom under Resources!
1 like โ€ข Sep '24
Just requested access!
Where is everyone investing?
I'm personally looking at Austin, Kileen (4 plexes), and Sacramento CA. Austin prices have come down a lot, Kileen has 4-plexes that hit the 1% rule, and Sacramento allows you to build two ADUs on a SFR lot. All interesting plays, still debating on what to go with.
1 like โ€ข Sep '24
@Michael Hyun Iโ€™m open to Orange County and San Diego, yes STR. Neither of us are REP status
2 likes โ€ข Sep '24
Long Beach readily available permits I think less than 200 left itโ€™s on the website. I have a contact for city of Long Beach for STR questions if you need. Plus 2028 Olympics, Long Beach will host some events which I thought was cool! Make sure you avoid that one tract where STR was voted out.
3. What topic are you most interested in?
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3. What topic are you most interested in?
1 like โ€ข Sep '24
deal analysis for STR loophole
1-4 of 4
Beverly Yang
2
10points to level up
@beverly-yang-2627
Hi Iโ€™m Beverly! I live in Dublin CA ๐Ÿ˜Š dual w2 household wanting to execute STR loophole by EOY!

Active 40d ago
Joined Sep 15, 2024
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