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22 December 2024 | 9 replies
You can get combo units that are 24" wide and fit under a countertop so they can go right in a kitchen setting.
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8 February 2025 | 55 replies
Here’s why this can be a great option:You can lock in a lower interest rate on the HELOC since it's based on a primary residence rather than an investment property.You keep your existing home, allowing it to appreciate while your tenants cover the mortgage.You now have two properties working for you—one generating rental income and another as your new primary or next investment.For analyzing rental cash flow, some key numbers to look at include:Expected Rent – Research what similar properties in your area are renting for.Mortgage & HELOC Payment – If you use a HELOC, factor in the monthly cost.Operating Expenses – Taxes, insurance, maintenance, potential property management.Cash Flow – What’s left after expenses and mortgage payments.If you do decide to sell instead, you can also use that equity strategically—whether for a strong down payment on a multi-unit, house hack, or another single-family rental.On the networking side, attorneys and other key professionals can be tough to find in everyday settings, but real estate investor meetups, Facebook groups, and local REI events are gold mines for connecting with them.
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29 December 2024 | 23 replies
Is there a reason why you are set on a traditional duplex?
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15 December 2024 | 38 replies
Ive worked with them before for another displaced family and it was great, they even adjusted the rate mid stay and was a big financial win for me.
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11 December 2024 | 8 replies
When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.
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19 December 2024 | 22 replies
@Eva Sha In my experience, lenders only adjust the interest rate for someone with greater experience in real estate development.
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20 January 2025 | 242 replies
The trainers just pivot to what is working today and set up training in that niche.
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9 December 2024 | 7 replies
Here are my steps: 1) Check market rent.2) Adjust current rent based on market rent.
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19 December 2024 | 2 replies
All that said, I actual in cocoa beach area so probably even more desired than orlando but orlando was all it would allow me to select when setting up my account.
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4 January 2025 | 35 replies
Each one offers its own set of opportunities for appreciation and cash flow.