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9 January 2025 | 32 replies
Can this person now be "a real estate" professional?
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28 January 2025 | 5 replies
Conventional would allow you to add a fence or do yard work in your bid.I cannot lend to you personally in MA but happy to answer any general questions about the 203k or other Renovation loan programs!
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6 February 2025 | 12 replies
lots can go into this somewhat simple question and most of it is personal preference.- you'll want to define "best", and what that looks like for you as a success.- How much money do you have to spend?
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25 January 2025 | 4 replies
All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.
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5 February 2025 | 9 replies
Once again, this matches my personal experience that the larger, more expensive properties continue to sell better than smaller properties.
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23 January 2025 | 21 replies
While they generally have higher market Cap Rates than Class A properties, it is still variable whether they will have good cash flow or be an appreciation play.Class C Property:Continuing down the scale, Class C properties are generally 20 to 30 years old, and pull in blue-collar and moderate-to-lower income tenants who will generally be renters for life.
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11 February 2025 | 14 replies
Would you personally intentionally go out and do this?
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1 February 2025 | 16 replies
I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.
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2 February 2025 | 9 replies
My 4 personal STR's are all in San Antonio did over $575k in 2024 and on track for $650k in 2025.I think you are generally looking in the right areas, but there are a few things to keep in mind:1) Stay inside of 1604.
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24 January 2025 | 1 reply
Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.