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17 September 2024 | 4 replies
In the end the mortgage will still be in your name, and you're ultimately still responsible for the payments since there's a personal guarantee.
16 September 2024 | 9 replies
But that would allow you keep the appreciation if it's great, and buy a smaller property to boost cash flow.If you don't like the property (because of risk, potential future events, etc) then sell it and while you're getting ready to 1031 it, use the IRR calculation to compare cashflow locations with appreciation locations (the IRR factors in both).
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18 September 2024 | 13 replies
So Peerstreet ended up foreclosing, and ultimately netted about $3 million on the subsequent property disposition.
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17 September 2024 | 9 replies
Agreed with above - explore every low cost option to collect, but ultimately, it is the cost of doing business.
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14 September 2024 | 3 replies
In NYC, there's what is called a Letter of No Harassment which must be on record from tenants since often the owner wants to kick out inhabitants to renovate and boost rent and their profit.
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14 September 2024 | 26 replies
Staying informed on local laws and market trends is essential.So while that 5-star rating helps boost credibility, it’s just one piece of the puzzle.
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19 September 2024 | 29 replies
.- Quality of Life: Milwaukee boasts a vibrant cultural scene, great parks, and access to Lake Michigan, making it an attractive place to live, which can boost property values.- University Presence: With several universities in the area, there’s a steady influx of students, contributing to demand for rental properties.- Tax Incentives: Wisconsin offers various tax incentives for real estate investors, which can improve the overall return on investment.Overall, Milwaukee presents a mix of affordability, growth potential, and a strong rental market, making it an appealing choice for real estate investment.
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18 September 2024 | 23 replies
If im paying my agent, ultimately im increasing my purchase price, right?
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11 September 2024 | 6 replies
So I started $60k in renovations to boost rents.
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18 September 2024 | 24 replies
I ultimately started focusing on the Midwest and have been pretty happy so far.