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27 January 2025 | 5 replies
I believe United FCU is best. 20% down, usually a 10yr term (they offer a longer term though), and an interest rate that's pretty close to the current average for conventional loans.
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16 January 2025 | 26 replies
Every PM operates differently, and at the end of the day, there is tons of information you can navigate on your own in the beginning stages online, but surely there will be PM's that would be more than happy to assist you on journey.
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11 January 2025 | 1 reply
With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.
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24 January 2025 | 5 replies
Live in one side and renovate that side, then after the lease for the other unit is up move into that one and renovate it.
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3 February 2025 | 37 replies
Rarely do they like such units being operated in such way.
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25 January 2025 | 3 replies
Sometimes tenants bite, sometimes they don’t, but it’s worth a shot.Owner Move-In: If you’re planning to live in one of the units, you might be able to legally take it back.
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15 January 2025 | 2 replies
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.
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26 January 2025 | 2 replies
If you do acquire more properties, would you buy more S8 units and would they be in Dallas?
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16 January 2025 | 16 replies
Could I request the same assistance as Deborah?
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26 January 2025 | 17 replies
And the problem is the other units?