Aaron Buehler
Looking for help moving forward, first time forum poster!
18 October 2024 | 5 replies
You may be able to capitalize on this if your area has experienced similar growth.Simplification: Selling would allow you to focus on your new single-family investment properties and potentially expand in those markets.Capital for other investments: The proceeds from selling could be used to fund other potentially higher-yielding investments, especially if you use a 1031 exchange.Small town limitations: Depending on the specific town, there may be limited growth potential compared to larger markets or more popular tourist destinations.Given the stable cash flow, low remaining debt, and your established experience with the property, keeping the fourplex seems like a solid option, especially if it's in a location with STR potential.
Frank Robinson
Converting condo to multifamily
17 October 2024 | 3 replies
Look at comparable sales and market trends in your area.- Consider hiring professionals like architects, engineers, and construction managers to help with the process.This process can be lengthy and involves several steps, but with the right guidance and preparation, it can be successful.
Mitchell Krotz
Dscr Loan New Construction
17 October 2024 | 23 replies
You can refinance a new build into a DSCR loan as long as you have the certificate of occupancy and if there are comparable properties to support the ARV value.
Christina Haws
Purchasing a mobile home/RV Park with seller financing
15 October 2024 | 1 reply
I started calling other mobile home parks nearby, to get an idea of comparables.
Andrew Reames
What are the best data sources to get sellthrough rates from?
15 October 2024 | 1 reply
I’m trying to find the best sources to be able to compare sellthrough rates across various markets throughout the county.
John Salcedo
Line of equity backed by Whole Life policy
16 October 2024 | 5 replies
They may have more flexible terms compared to traditional banks.Just be sure to check the interest rates and repayment terms since borrowing against your policy can reduce the death benefit if not paid back in time.
Shoaib Ali Chaudhary
How to Get Started With Real Estate
16 October 2024 | 22 replies
You are WAY too eager to leave your job for investing when investing takes years to deliver a return comparable to your job unless you have a bank vault of money to play with.
Thomas Hudak
Philadelphia Market - Marketing for Deals
15 October 2024 | 2 replies
Some of this might be do to seasonality (I don't have anything to compare to because I started marketing on FB about 9 months ago).
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
Figure out what your purchase costs would be and what kind of rehab you would do and what it would cost and then look for comparable sales to justify what you think it will be worth when you are done.
Imani Naomi
Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
A house is always valued and appraised using residential practices which uses comparable sales.