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22 October 2024 | 17 replies
Chris, thank you so much for breaking everything down with all that detail.
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22 October 2024 | 10 replies
Hi there,Congratulations on starting your real estate investing journey and completing the rehab on your Detroit property It sounds like you've done a lot of work and are now at a critical decision point.First, let's break down your situation:- You've already done major rehab and have a tenant in place.- You analyzed the hold option and know it can cash flow.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.
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18 October 2024 | 7 replies
If a solar system cost you $20,000 to install, it would take 148 months (12 years) for you to break even ($20,000 / $135).
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23 October 2024 | 13 replies
It certainly breaks down the barriers to entry so that you can spread coins across a wide array of assets and markets.
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19 October 2024 | 16 replies
They were identical stating that I am breaking Airbnb policy going off platform.
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16 October 2024 | 0 replies
It should include the keyword multiple times within the ad body and title so that it gets highlighted, which is another trigger for visitors to click on YOUR ad.3 - THERE IS NO CALL TO ACTION.Every ad needs to create a sense of urgency with a call to action, such as “Start Today” or “Get An Offer Now.”
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19 October 2024 | 1 reply
Philadelphia happens to be better positioned than most to absorb life science assets because of the local human capital but look at all of the developments stalled or failing to break ground in University City because the developers can't obtain tenant commitments.
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20 October 2024 | 9 replies
Maybe give yourself a break on one facet of the experience and use an experienced agent.
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18 October 2024 | 25 replies
i will also do a BRRRR if i can break even when i'm done and get 90+% of my cash back out.