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31 January 2025 | 0 replies
Purchase price: $65,000 Hybrid Fix & Flip, bought, made minor repairs and clean out.
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5 February 2025 | 6 replies
However, the LLC is grandfathered in, and so they are saying we would be able to still operate this if we purchased and managed under the LLC.Obviously a lot going on here, and I am still relatively new to this world (would be first STR in Nash).
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27 January 2025 | 3 replies
I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.
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30 January 2025 | 6 replies
. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.
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18 February 2025 | 14 replies
That someone is going to deliver to you, on a silver platter, a property purchase you can simply say "yeah, sure, I'll take that" where you do some paint, carpet, little cleaning and tidying and turn around and clear a $100k?
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24 February 2025 | 20 replies
I purchased at 300k with 5% down & put roughly 90k into the property over a 2 year period.
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10 February 2025 | 27 replies
Equity earns 0% interest (inflation will destroy your purchasing power) your real estate investment will Appreciate or Crash regardless of how much down payment you put on your home.
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28 January 2025 | 3 replies
Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.
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16 January 2025 | 1 reply
We sold a wonderful two unit STR in Depoe Bay in 2024, which generally is a no-go zone but has neighborhoods with specific commercial zoning that allows for vacation rental usages as well as a brand new development of luxury homes that allows STR usages similar to Olivia Beach in nearby Lincoln City.
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23 February 2025 | 5 replies
Single family has more stabilized as there is not enough people who can afford homes.The purchaser is two very distinct types of groups who buy MF vs. single family and single family is bought to own and occupy, MF is bought to generate money.