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3 October 2024 | 2 replies
See if you can get a copy of The Millionnaire Real Estate Investor by Keller.The Slight Edge and Atomic Habits too.Awesome board with many smart people having own suggestions and ideas to grow wealth!!
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7 October 2024 | 9 replies
They get their cut, you get the property.Of course, you have to figure out what it is worth and whether that's a wise investment for you.
3 October 2024 | 4 replies
Use cash flow to pay personal bills (wife is pregnant and I want a safety net).Mid term: 4-10 residential properties over the next 3-5 years as capital allows.
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3 October 2024 | 7 replies
The jurisdiction of its a safety hazard or blight my require it to be demolished and you do not want to start getting fined for it, so that is something I would consider.
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3 October 2024 | 3 replies
Every county has different requirements, such as minimum square footage for rooms; maximum number of occupants, hallway sizes (If there will be residents in wheelchairs); and safety regulations which are usually different that owner-occupied homes (for example- Interior fire sprinkler systems). 2.
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3 October 2024 | 15 replies
These are all ideas around the edges, but the big thing is to buy something that allows you to offset your mortgage with rent income and then save that for the next.Anyway, good luck in your search!
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2 October 2024 | 5 replies
The hospitality industry lobbied pretty hard for that to happen to give them an edge since those are areas where hotels are located as opposed to residential zones.
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4 October 2024 | 10 replies
In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes.
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3 October 2024 | 14 replies
I also prefer not to use a management company, as I don't want them cutting into my profits.My long-term goal is to generate enough income to live comfortably and eventually build a real estate empire.
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3 October 2024 | 16 replies
It isn't an issue at our house as we are up from the lake a bit, but some homes right near the waters edge can have trouble.