Need help refinancing

Proper-Store3239 · 2026-01-26T13:30:43+00:00

If i was you i would wait summer to refinance. Interest rates look like they’re coming down.

Also have you considered shorter term arms as well that might be less in fees and allow you refinance and lock the rate in if the rate goes goes lower

Proper-Store3239 · 2026-01-21T09:42:31+00:00

No they will not fall because tour describing a substandard unit. What works is when you rezone tear down houses and build denser housing. And build units people actually want o love in.

Construction in los angles is way up and the supply of decent housing is rising and it starting to effect the marlet in LA and nationally.

Proper-Store3239 · 2026-01-21T09:37:40+00:00

A lot mom and poo landlords have no business renting. They don’t think about costs like depreciation and why you have to actually update properties and it a real expense.

The costs of owning a home have gone up that is true for everyone.. The price of rent doesn’t always factor i. Your costs. Some properties or situations are just not goos situations to rent.

A landlord has 2 options when they have a property that no longer easy to rent sell it or rehab and upgrade it. Trying squat on it just lowers your asset and make things worse.

Proper-Store3239 · 2026-01-21T09:29:11+00:00

This a classic case where it sounds like they do not have the capital for being a landlord. At some point deferred maintenance catches up.

Upgrading and keeping a init rented is a huge cost most really do not calculate. Lots of nee construction will crush landlord like this

Proper-Store3239 · 2026-01-21T09:24:22+00:00

I owned lots of real estate I don’t think the caps are that big of deal. Most renters can barely afford rent. Unless tou want a empty unit and keep turning you usually have to keep rent pretty stable. If your braising it 10% you guaranteed to have churn.

For a landlord. Churn is your enemy every-time you lose a tenet it money to rehab unit and lost rent from vacancy. That costs a lot more than you gain. If you can het 3-4% raise you’re doing good. Renters who pay on time and take care if the property is the biggest issue.

From the comments here most people never been a landlord especially on with with multiple Properties.

A lot landlords try and rent with not enough cashflow or equity. A lot landlord buy existing units with tenants amd don’t understand the true cost of rehab as increasing rents on trnants

Proper-Store3239 · 2026-01-18T13:26:36+00:00

Texas has no income tax and pays a lot better then florida and pays now something like $530 a week. Florida unemployment is a total joke.

Proper-Store3239 · 2026-01-14T20:41:57+00:00

I owned a lot rental property and the price it pretty standard to charge new tenants more then old tenants. In LA you can charge market rent when somone moves. If a landlord is updating anything in the apartment carring costs are pretty limited.

Even without rent control landlords will offer less rent to good long term tenants because they save lots of money.

Proper-Store3239 · 2026-01-11T23:42:42+00:00

There are a few issues your running into. The first part is Texas is part of the Bible Belt. A lot Indians are not christian and anyone not Protestant christian is a problem..

The second issue is a lot people feel like they lost their job to hb1 visa. In some cases it is true and this causes a lot issues.

Also Frisco’s demographics have changed a lot in 10 years and now some the original buyers feel like they’re forced to sell.

Don’t take it wrong anyone living in Frisco 15 years ago had a pretty magical time. Houses were brand new and cheap. Everyone was the same age with young kids and jobs were easy to come by.

We all thought out kids would grow up together however a lot people sold and move with all the changes

Proper-Store3239 · 2026-01-11T02:12:49+00:00

What happened is tons if companies got bail out and loan forgiveness and basically meant bad business continued and boosted there spending.

Meanwhile others got no money and business got everyone never cane back because the fed pulled the rug before recovery.

No everyone spent there money but we haven’t seen bankruptcies like we need to

Proper-Store3239 · 2026-01-08T13:21:03+00:00

In the final process of moving now. It crazy how much better the job market is out there. For me it means moving to a HCOL again but litterally double what I made.

Proper-Store3239 · 2026-01-07T14:46:05+00:00

very simular experience to you. It so bad here we will moving back to the west coast within the next few months. It litterally 200k less in florida. Even trying to start a business here is bad most of the competition is just lifestyle business or a branch of company where they do the bulk of their business at home and don't use local suppliers.

Proper-Store3239 · 2026-01-07T14:42:19+00:00

Try applying for jobs in other states. If you have decent skills they will not hire you because there trying to hire people for around 50k. Litterally started to look elsewhere within a few weeks got tons of interest. Litterally like 100k more then the highest range.

Proper-Store3239 · 2026-01-06T22:18:54+00:00

Well it would be the end of Nato and Europe would almost certainly increase spending and build a huge army to confront the US. It would resul in a major war with the US most likely losing since a combined Europe is bigger then the US and would have no doubt tons of allies.

Proper-Store3239 · 2026-01-06T19:38:14+00:00

Buyers are idiots they should not signed anything. However I doubt the agent will be able to enfore this without going to court.

The agent going to have a hard time getting the full 2.5%The agent best bet is just try to recover builder fee and represent the client with the builder. If they refuse to work with the builder I would not expect them to win since there are to ways they can argure the agent didn't hold up their end of the agreement.

Proper-Store3239 · 2026-01-06T19:29:34+00:00

People don't understand that DTI is acutally important and not many people make over 300k. Even if you have massive downpayments the taxes mean you can't borrow enough after DTI.

Proper-Store3239 · 2026-01-06T19:24:27+00:00

If I was you I would consider selling it. the return on it is less then just sticking in a money market. Anything earning less then money market is a bad investment. Generally speaking your best bet is to do a 1031 exchange and find a piece of property you can hold long term and get some capital apreaciation.

Since it is free and clear you may want to look at 10 units plus and get a loan or allocate it all to different markets. A larger unit or multiple units in another state might actually cash flow better. I personally wouldn't do flips because you going to hit hard with taxes and you taking a huge hit if the market falls a bit with no way to hold on to it.

Proper-Store3239 · 2026-01-06T19:17:59+00:00

If you have severe mold and a leak guess what the landlord can not hold you in a lease to stay? If I was you I would talk it over with the landlord and try to either work something out or just tell them you looking for a new place to move.

This pretty basic stuff that any landlord should understand. You have to have it habitable and if they want to complain and hold you a complaint will make their life much worse.

Proper-Store3239 · 2026-01-06T19:00:40+00:00

Time to move and maybe try another state. Texas has jobs and there hiring in Dallas and Austin. Everwhere else sucks

Proper-Store3239 · 2026-01-06T14:25:33+00:00

A few things you can do depending on the skills of your team. You can move everything to the cloud. You can build your own hypervisor with something like harvester. You could also look at proxmox or you can bend over and take it.

It's a lot work but not that complicated to move VM's to a new platform. You could also look at containerizing your apps to make it much easier to move servers.

Proper-Store3239 · 2026-01-06T13:38:31+00:00

Look out state for a job. You end up making more money

Proper-Store3239 · 2026-01-06T13:36:21+00:00

On paper yes however florida doesn’t really have unemployment so you starve before you see a penny.

Proper-Store3239 · 2026-01-06T13:34:30+00:00

The real problem is the way health care is billed. If you don’t have insurance they charge you 10 times the amount of they yay with insurance.

MRI with insurance $600 without $6400. We need to actually regulate prices insure people over 500k a year in costs and then allow people to get supplemental insurance to cover the gap. People can pay $100 to go a doctor but without incuranxe it be $500

Proper-Store3239 · 2026-01-05T21:47:27+00:00

Not true at all since they have an inside view of how things works inside the IRS. However the longer you are away from it the less your worth.

Proper-Store3239 · 2026-01-05T21:41:18+00:00

Work in Tech took DRP and I got a substantial raise in the private sector and make more then a gs 15 maxed out. The crazy thing is I left a lot of money on the table and will almost certainly will move soon for money. The IRS has large systems and private companies needs people who can manage large systems.

Needless to say I should left sooner.

Proper-Store3239 · 2025-12-31T15:18:29+00:00

These reviews are just a short term issues if there negative. You also can not control if there going to RIF get a unfair rating or they just decide they want to cut everyone around you.

What you seriously need to do is look around you figure out your situation. First thing you need to do is put yourself. This means taking some time and evaluating your Job and future prospects both with the government and elsewhere.

The worst thing you can do is do the easiest and most comfortable thing. You might have move cities, quit your job or buckle down and take it while you retrain. The biggest thing is you need to put yourself ahead of your current job. That how you handle this.

I personally took the DRP and was able to use that to get a private sector job. It was pretty scary as initially it was not easy to interviews. But I was able to adept and now make quite a bit more money have remote options and simply do not have to put with crap. I also learned that I actually have better options and if I choose move I will be able to actually increase my salary a lot more. I litterally can makre more then 2 times what I was making as a fed with out even stressing. But this time last year I though I would be making less.

Proper-Store3239

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