#properties

Pay off rental properties or leave as is?

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Pay off rental properties or leave as is? Here’s my situation: 35M, single, currently not working: Current assets: 401k – 400k Stocks – 650k HYS – 30k 2 rental properties – 600k total value (200k total loan at 4.5% interest), generates 4k in rental income (2k in net) My question is: Should I nuke my 401k to pay off mortgage? This way I can save on interest payments and optimize for c…

Reddit Personal Finance 1.2k 2025-02-06

Torn Between Two Types of Properties for Our Growing Family

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Torn Between Two Types of Properties for Our Growing Family Hey everyone, I’m hoping to get some advice on a dilemma my wife and I are facing. Here’s a bit of context: • Ages: I’m in my late 20s, my wife is in her mid 20s. • Current Situation: We live in a large metropolitan area but want to buy a house now with the plan to move there fully in about a year after I complete a career development endeavor. …

Reddit Personal Finance 784 2024-07-04

[Maldives] Marriott Category 8 Properties vs. All Inclusive Properties

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Marriott Category 8 Properties vs. All Inclusive Properties Hello. It is our time going to Maldives. I am researching which property would be best for my honeymoon in the Maldives. My fiancé and I are big foodies and love all-inclusive options so we don’t have to focus on the price too much when we eat. We are planning to go for 5 nights in December 2025. I have platinum status with Marriott and around 4…

Reddit Travel 1.0k 2024-07-02

How to spot, and avoid, timeshare properties while shopping for a resort

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How to spot, and avoid, timeshare properties while shopping for a resort We are shopping for a vacation destination in the Caribbean… likely in Jamaica but that isn’t relevant to the question. We have traveled quite a bit over the past 35 years, but now it seems like timeshare resorts have started to spring up like crazy. Secrets, Divi, Hilton, Marriott… are just a few I have seen. I have less than zero interest in t…

Reddit Travel 549 2023-12-07