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23 February 2024 | 6 replies
At first I had a hard time trusting -- the prices it set for high-demand periods seemed impossibly high, and the prices for low demand shoulder seasons seemed way too low.
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23 February 2024 | 18 replies
Therefore, the days of refinancing a property at a low interest rate and getting enough money out and still have your rent covered is near impossible, and most likely would be an a class C asset.Therefore, to say, the strategy is an effective strategy in this type of environment, it just does not work.
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21 February 2024 | 32 replies
Without knowing more about your situation it is impossible to give you a specific plan.
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23 February 2024 | 35 replies
also the garage .. its not impossible to find that setup but it is more rare. it pulls -$50 per car spot off the rent or -$100 with no garage. that's accounted for with the rental comp.As far as the rear access being make or break im asking you guys on that one. that's the part im not sure about. its an otherwise great deal except these cost cutting measures by the builder. i didn't notice this before walking it yesterdayIm afraid im falling in love with the numbers and these weird things with the property will attract a lessor tenant than i want to deal with and ill be stuck in a nightmare property like i hear about people falling into on accident because they thought the numbers on paper were so much better but the property was crap and nobody wanted it . that's what im afraid of i guess.i did do extensive research on this particular neighborhood so i am familiar with the stats and boots on ground type as i live pretty close about 30 min .
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22 February 2024 | 21 replies
Regarding my first point, very few people do this because they don't tackle that small problem or instead focus on what seems impossible.
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20 February 2024 | 7 replies
If you do catch them, pressing charges and getting police to do anything is next to impossible.
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21 February 2024 | 2 replies
So it’s not impossible.
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21 February 2024 | 9 replies
They'll want to loan on a lower loan to value ratio as well which makes pulling cash out to pay off your CC debt hard if not impossible.
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22 February 2024 | 50 replies
This will work no matter what, but you can get there faster if you can generate equity through remodel, take advantage of market shifts or buy at a discount (next to impossible at the moment due to tight inventory, but that may come back).The other component most new investors underestimate is you have to become an excellent operator.
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21 February 2024 | 5 replies
While somewhat difficult without significant capital of your own, it’s not impossible.