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1 April 2024 | 7 replies
In fact, this got some attention and put us on the front page of the Huntsville Business Journal.We now have a Multifamily fund that focuses on 3-4 similar markets and the goal is to have enough dry powder to pick up good deals quickly, thereby benefiting the investors in the fund. e.g.
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1 April 2024 | 10 replies
The excess funds I received over the cost of construction were used to make the payments on the house for two years.
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30 March 2024 | 12 replies
Good day BP family, Unfortunately, excess moisture needs to be dried out in the kitchen ceiling which is also the bathroom floor (great!).
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1 April 2024 | 67 replies
If you buy a property mostly as an investor, try to buy at the best possible price, without sacrificing excessively on the quality.
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1 April 2024 | 36 replies
When lending dries up seller finance is all there is.
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30 March 2024 | 16 replies
From my understanding at this point that should be safe indefinitely.The issues with Aluminum wiring are a bit more complex than the FPE panel, which is cut and dry (replace asap).
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29 March 2024 | 11 replies
The max Uncle Sam allows is 50k if you haven't taken a TSP loan in the last year.I've seen both good and bad experiences with this but at the end of the day it's no different from any other type of loan, you are just your own bank in a sense.The downside or risk is that you lose your job, your property isn't cash flowing, are unable to pay back the loan, and your retirement account suffers since the loan essentially turns into a withdrawal.The upside or best case is you have the loan for less than a year, your BRRRR pays off the loan, and you pay yourself interest 5% interest.The opportunity cost is if the stock market goes up 20% and you were only paying yourself 5% interest you'll miss out on the excess returns.
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29 March 2024 | 7 replies
In addition the tenant protection Act of the city of San Diego places rent control and eviction rules in excess of state mandated laws.
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30 March 2024 | 45 replies
Declining rates and demand coupled with excess supply is making the STR business harder than ever.
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1 April 2024 | 39 replies
I just cringe every year i have to pay that its for gross revenue in excess of I think 1 or 5 mil..