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7 November 2024 | 0 replies
It was an effective strategy to keep the project moving forward while maintaining financial liquidity for other investments.
5 November 2024 | 11 replies
Do you have any advice on how to find and select a loxal group/meetup?
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7 November 2024 | 9 replies
When it comes to rentals it effects the rent pricing and how competitive an area can be.
7 November 2024 | 12 replies
For example, tenant selection is crucial to minimize issues down the line, and it's essential to know fair housing and landlord-tenant laws, especially if you’re considering investing in a state like California with stringent regulations.You may want to consider starting with one property and exploring property management services if things get busy.
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3 November 2024 | 24 replies
The Mortgagee may consider that this income is reasonably likely to continue for three years.Calculation of Effective IncomeThe Mortgagee may only use Section 8 Homeownership Voucher subsidies as Effective Income if it is not used as an offset to the monthly Mortgage Payment.
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7 November 2024 | 6 replies
I can’t see how to BRRRR effectively with these properties.
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4 November 2024 | 7 replies
Now we are getting started in Birmingham AL (my mom's birthplace) and are excited to branch out to select areas in the South over the next few years.I am starting off with flips, but will transition soon to rentals using a BRRR strategy.
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6 November 2024 | 8 replies
The "seller" never transferred title and the in-place loan remained in effect.
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5 November 2024 | 4 replies
This is useful for generating leads for similar properties in the future.Creating a single listing page doesn’t have to be expensive:- **DIY Website Builders**: Services like Squarespace, Wix, or WordPress with a landing page template can be cost-effective ($10-50/month).- **Real Estate-Specific Platforms**: Some real estate platforms, like Real Geeks or Placester, have templates optimized for property listings, which can save time and offer features you might otherwise have to custom-build.- **Custom Solutions**: If you want a fully custom design with added features, working with a developer or agency could cost anywhere from $500 to several thousand, depending on complexity.Best Practices1.
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4 November 2024 | 7 replies
If you want to lend long term debt, you don’t want to compete and be the cheapest on the block (that’s a race to the bottom), you want to lend on stuff that nobody else (or a select few) will lend on and charge a premium for it.