20 July 2019 | 0 replies
Going to live in the smallest of the four bedrooms and House Hack Lite (HHL) by monetizing the remaining three.
22 July 2019 | 4 replies
Very occasionally they prefer to remain silent partners and we work out an arrangement.That's how we started years ago before I joined, as loan brokers.
21 July 2019 | 2 replies
I'm figuring she could split the $30K equity between the 2 mortgages and let her tenants ($600 rent each) continue to pay off the remaining balance of $15K each.
21 July 2019 | 1 reply
I'm figuring she could split the $30K equity between the 2 mortgages and let her tenants ($600 rent each) continue to pay off the remaining balance of $15K each.
1 August 2019 | 37 replies
It's a threshold and exposure that I have used for years, and it works for my goals.Assuming $500k is in that market, I would take the remaining $500k and put it into real estate syndications. $400k would go to equity projects and $100k to private debt.I presume I would do 2-4 syndications, depending on the variety that is out there, and the kind of relationships I had built.
21 July 2019 | 1 reply
Could I remain in good standing if I didn’t rent the unit I was occupying?
22 July 2019 | 2 replies
However, the sellers are estimating the remaining units will bring in around 1000-1200.
26 July 2019 | 4 replies
If you're able to buy the property you want in Alabama with your remaining VA entitlement, I don't see any reason to mess with your existing mortgage in Kentucky.
21 July 2019 | 5 replies
I have a tenant who is a Texas licensed sales agent.She messaged me that she would like to buy-out the remaining 8 months of her lease due to a bitter divorce.I highlighted the cost to to include holding cost and cost of leasing.Sensing that this may run to a couple of thousands,she is offering to list the house, do showing and continue to live in the house until a new tenant is found.I am just not comfortable with this suggestion, I will rather list it myself being a realtor and let her do the showing instead.I am trying to keep the relationship strictly landlord -tenant without any complexity.I am just curious what you guys would do or did in a similar situation.Thanks in advance
2 August 2019 | 9 replies
I wouldn't want investors to be robbed of the benefits of diversification and potentially higher returns because of something that remains the exception rather than the rule if you are careful.