9 October 2024 | 4 replies
I’m not sure if I should accept the offer and roll my equity in a new property or just sit tight and see what happens?
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10 October 2024 | 5 replies
You could look into converting pre-tax money into a Roth IRA, purchase real estate and then all income and profits from sale, are tax-free in Roth IRA.
10 October 2024 | 0 replies
Start by simply checking for water stains on the ceiling, which can indicate whether the roof is structurally sound.Many mobile homes have rolled metal roofs that can crack and rust over time.
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15 October 2024 | 34 replies
These clowns are so desperate to catch a sucker, they probably waste 90% of their time having conversations about how to invest and just keep trying to push them into their market when the person doesn't even have money or a pre-approval.
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8 October 2024 | 6 replies
I was told by my insurance agent that a % of loss of revenue can only be covered by insurance until the property damage is fixed, which could pre-date the return of essential utilities.
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10 October 2024 | 9 replies
I also know that this strategy is often used to leverage available cash for multiple deals.However, as a new investor, I've decided to focus on purchasing one property at a time and go through the learning process until I complete a refinance.Only after receiving the funds from the bank would I consider rolling into another deal or multiple deals.In this situation, do you think it's better to still take the 80% loan from a hard money lender, or should I use the cash I have and purchase the property outright?
10 October 2024 | 0 replies
This protects you in the deal if the home appraisal is low or a home inspection finds major issues with the property.Have your finances in order with either a pre-approval letter or cash to buy the home.
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10 October 2024 | 24 replies
Example: 250 Units + Condo project with rent roll.
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8 October 2024 | 1 reply
The government wants to force landlords to cover the cost of cooling renters, but that same government doesn't protect paying customers from rolling blackouts.
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9 October 2024 | 8 replies
First, find an excellent realtor that is familiar with Nashville and has been in the RE game long enough to have seen the ups and downs from pre/post-Covid.