
19 January 2025 | 41 replies
I would definitely go directly into the police department or try to get a call to make a report directly.

13 January 2025 | 9 replies
I will definitely talk to her if she would give or sell me her portion. 4.

21 January 2025 | 4 replies
I just wanted to see if I could be directed as to how I can get an LLC for my first rental.

16 January 2025 | 8 replies
Finally, even as the landlords cash flow increases, depreciation should keep a major portion tax deferred.

5 February 2025 | 205 replies
The Cat 5 hurricane direct hit (a week after closing on my loan) probably didn't help either.

18 January 2025 | 10 replies
@Jennifer Fernéz I run sum numbers for you with our tool, see comments and pics below before refinancing and post refinancing .Financial Breakdown: Purchase Price: $200,000 Mortgage (LTV 80%): $160,000 Interest Rate: 6% (30-Year Amortization) Mortgage Monthly Payment: $959Upfront Costs: Down Payment (20%): $40,000 Closing Costs (3.5%): $7,000 Renovation Costs: $15,000 1 Month of Carrying Costs During Renovation: $1,548Total Upfront Required: $63,548Year One Rent: Monthly Rent Income: $2,000 1 Month Rent Losses during renovations (-$2,000): -$167/month distributed over 12 months Total Rent Income: $22,000 per year => $ 1,833 per monthMonthly Expenses: Mortgage Payment: $959 Property Tax (Assuming $3,000/year): $250 per month Property Insurance (Assumption): $100 per month Utilities (Hydro, Gas, Water): $275 per month Assuming 5% Vacancy: $92 Assuming 0 % Repairs & Maintenance first year because unit has been recently renovated Total Monthly Expenses: $1,676Monthly Net Cash Flow: $157Post-Renovation Refinancing Strategy after 12 months:So far, we’ve purchased the property, completed renovations, and rented it out.Next, you can approach the bank for a refinance to consolidate a portion of your initial investment into a mortgage.

21 January 2025 | 5 replies
You CAN NOT contact the listing agent directly from Zillow, but you can look them up and Google them.

21 January 2025 | 4 replies
Hi Isaiah, I am based in Fort Lauderdale and can speak to the local market directly.

24 January 2025 | 0 replies
Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.

22 January 2025 | 14 replies
This directly impacts returns for everyone.