Michael Janas

Performance Physical Therapist looking to help people take back control of their lives through movement and exercise.

[Michael Janas @Mike_Janas126]

@realfrugalmogul Got it. So I would take that $2500 margin and pay down your current equity line every month minus any maintenance/general expenses that pop up until you reach a comfortable level. Since you’ve already had a bunch of capex I would assume that the big stuff has been taken care of

[Michael Janas @Mike_Janas126]

@realfrugalmogul If the real estate business is servicing the amount, do you have excess liquidity each month from your portfolio to pay down appreciable amounts of principal on the line and not just interest?

[Michael Janas @Mike_Janas126]

@realfrugalmogul If you already have a HELOC currently why are you looking for additional liquidity? Is this how you’ve been funding recent capex? Or have you been spending down HELOC elsewhere?

[Michael Janas @Mike_Janas126]

@realfrugalmogul I’m doing this right now for one of my rentals and I’m getting prime plus 1 which is fairly competitive. I’ve looked at 2nd position HELOC on primary and the lowest I’ve seen is prime plus .625%. So fairly comparable for less risk/exposure on the primary.

[Michael Janas @Mike_Janas126]

@BrianSky @DudeWhoInvests For what it’s worth, this has been the sole argument for investing in Macy’s for the last 10 years

[Michael Janas @Mike_Janas126]

@WaxMetrix So if I already pre-ordered 4 mega boxes I’m SOL and should only go value moving forward

[Michael Janas @Mike_Janas126]

@realfrugalmogul I have no problem moving people in early but this would already be in my leasing agreement where they would be paying prorated rent for April. Not taking on the liability outside of the lease terms regardless of utilities being transferred or not

[Michael Janas @Mike_Janas126]

@BeckettGMColin 7291366

[Michael Janas @Mike_Janas126]

@barneyxbt The fed funds rate determines short term interest rates such as credit card, car, and personal loans. Mortgage rates are determined by the demand for bonds, specifically the 10 year bond. 10 year has been relatively stable making mortgage rates stay around 6-7% for the past year

[Michael Janas @Mike_Janas126]

@2GuysTake Agreed. ACH, check, or cash. Preferably ACH. No partial payments with these methods.

[Michael Janas @Mike_Janas126]

@GovernorShapiro Missed you at the Gobble Wobble!

[Michael Janas @Mike_Janas126]

@EstateRanger Bought them right so I’m able to weather a storm even if there are multiple assessments in the future. Buy and hold was always the plan.

[Michael Janas @Mike_Janas126]

@EstateRanger No sense in giving up now. I have units that are in a similar situation where funds haven’t been managed well, looks like things are improving but I have a feeling that special assessments are on the horizon to make up for years of mismanaged budgets and lack of reserves

[Michael Janas @Mike_Janas126]

@nikitabier I had a similar thing that I had dealt with on and off for almost 10 years. Finally went to a GI doc, started a very standard medication and I haven’t had any issues ever since. My recommendation, see a GI doc and go from there.

[Howard Luks MD @hjluks]

Every knee arthritis patient needs to hear...
- pain does not always imply harm
-it's ok to run/walk/weight train
-yes, PT can be helpful.
-steroids are not typically helpful and might harm u
-it's helpful to remain active
-ignore the x-ray and focus on remaining active.
-don't try stem cells

They shouldn't hear.
- you have bone on bone
-you have the knee of a 90 year old
- you should stop exercising
-rest, or you'll need a TKR
- come back every 3 months for an injection

[Michael Janas @Mike_Janas126]

@brendanschema Spend less than you earn is a good starting point