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17 February 2025 | 4 replies
I've avoided being an agent bc I don't want to pay all the fees and sell houses to get paid, but that was before I knew an investor specialized brokerage like this was a thing.
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29 January 2025 | 23 replies
Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.
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18 February 2025 | 1 reply
This can be a big roadblock if you need funds sooner to secure deals.2.Fees and CommissionsA large part of your early premiums may go toward commissions and policy fees.
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11 February 2025 | 31 replies
I think a lot of new LPs look at fees a bit too much where at the end of the day its LP returns in your pocket.
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19 February 2025 | 17 replies
Quote from @Aj Green: Hey,(Posting again as I sign today so it is urgent)Is there any cheaper lender than a 6.75% for an Ohio investment property.No brokers fees, 110k, no points, 760+ credit score, 20% down, 140k value, no realtors, single family, rent covers mortgage, 30 year term fixed.Thanks for the help!
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21 January 2025 | 8 replies
The house's exterior is constructed of brick material with a flat tile roof.
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21 February 2025 | 8 replies
But you will never see the appreciation that truly builds wealth, because those low-barrier-to-entry properties will stay flat on the metric that matters: appreciation.
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16 February 2025 | 14 replies
I think they all have fees associated with the account if it doesn't meet the threshold.
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22 February 2025 | 9 replies
Transfer Fees or Property Tax Reassessment Some states impose a transfer tax or reset the property tax basis when property ownership is moved into an LLC.
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5 February 2025 | 5 replies
Those are the cost of doing business.I will use my clients property, purchased last year as an example:(57,000+6228-3500)/$190,000=31% IRRMy client lost money throughout the year(repairs, vacancies, etc) and had an 8.1% interest rate.All this to say if you can stomach a few down or flat year, you will make a killing!