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16 August 2024 | 19 replies
It allows you to access funds as needed without the immediate commitment of a large lump sum, like with a cash-out refinance.Given your focus on maintaining positive cash flow, carefully evaluating the terms of any HELOC offer is essential.
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14 August 2024 | 84 replies
There are many benefits with section 8 in order for the tenant to be placed in one of my properties they go through a process with the committee then when living in the property they need to abide by lease rules and keep the property in shape, if major damage is made or neglect to the property by the tenant they may losE their voucher from section 8, so it’s a very good idea to go this route and food for thought you always know your property is up to date safety wise and livable with annually inspections.
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12 August 2024 | 4 replies
Having the right team in place is essential for making informed decisions based on solid analysis and expert advice.Good luck!
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11 August 2024 | 1 reply
Overall Cost-Effectiveness: Is there any real financial benefit to taking this route, or is it essentially the same as just selling?
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12 August 2024 | 11 replies
You also have options like 30 Year Fixed, 30 Year 5/6ARM, 40 Year and Interest only (maximizes cash flow).You are essentially acting as your own bank by using the equity and selecting the best rate/term to benefit cash flow.
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12 August 2024 | 6 replies
The 2nd reason to stay away from park owned homes, is that you lose the advantage of the MHP, which is essentially a trapped tenant, because they own their house, and they cannot move it, you have a guaranteed renter.
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11 August 2024 | 10 replies
Essentially what commissions are owed?
15 August 2024 | 33 replies
Build a Local Team: Reliable contractors and property managers are essential.3.
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15 August 2024 | 29 replies
Expenses are essentially overstated, even though the P&L is correct (when I download transactions from the bank, it allows me to tell which account on the COA I want the credit to post to, but the Expenses screen doesn't update).Journal entries also don't show up on this screen.
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10 August 2024 | 3 replies
My parents are essentially giving me 3 homes to tackle myself.