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23 December 2024 | 9 replies
If I sense any of that nonsense, I tell them I'm out.
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18 December 2024 | 4 replies
I have several and will buy more as they make sense.
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18 December 2024 | 5 replies
Our goal is to always buy, but we are only willing to purchase deals that make sense and work for our investors.
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21 December 2024 | 7 replies
@Robert Guarino, That makes perfect sense.
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30 December 2024 | 103 replies
Makes more sense to me to build equity through development and income as opposed to "comps" for SFH and small MFH.
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19 December 2024 | 13 replies
I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).
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20 December 2024 | 6 replies
Oh, gotcha, yea that makes sense.
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23 December 2024 | 13 replies
If you have passive losses or a step up in basis, a 1031 exchange or reverse may not make sense.
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20 December 2024 | 1 reply
Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?
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19 December 2024 | 5 replies
You need to properly maintain all this structure or it just gives a false sense of security.Secondly, why all cash?