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16 October 2024 | 3 replies
I believe you have a 45-day window to shop lenders without having a drastic hit on your credit score.Happy to recommend someone if you're still searching, shooting you a PM.Also, as @Rene Hosman mentioned, there is a service here on BP to link you with lendersAll the best!
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20 October 2024 | 8 replies
Since you’re aiming for a minimum sale price of $225,000, if offers aren’t hitting that number, renting could help cover holding costs while preserving your long-term profitability.### Final Thoughts:- Consider a modest but impactful price drop to $235,000, which is closer to your minimum acceptable price, and simultaneously address any concerns buyers might have by being proactive with inspections and disclosures (mold, cesspool). - Don’t hesitate to tweak your marketing strategy or even target alternative buyer groups like cash buyers or investors looking for vacation rentals. - If you don’t get significant movement within the next few weeks, preparing for a rental strategy might be the safest way to avoid holding onto the property through winter at a loss.
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15 October 2024 | 9 replies
In fact, since the pandemic and inflation hit, the 2% Rule seems to have all but disappeared in all real estate discussions and been replaced with the “1% Rule” in this tighter market.
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17 October 2024 | 9 replies
That means it gets hit with both regular income tax and self-employment tax (Social Security and Medicare).
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16 October 2024 | 10 replies
You want to hit the same people every 30-45 days.
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18 October 2024 | 11 replies
Ok @David H.. It
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17 October 2024 | 14 replies
I’m going to get hit hatd with taxes so I wanted to level up buy buying a second home Asap!
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17 October 2024 | 22 replies
Driving for dollars sounds great but takes a lot of time and hits.
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16 October 2024 | 5 replies
Wouldn’t want you to get down the road and hit a wall there.- Jasper / Pat AboukhaledTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC
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19 October 2024 | 11 replies
Then you will need to build a team before you hit the ground running.