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14 October 2024 | 31 replies
In your situation, it sounds like the primary focus for you is more a quality of life play (reducing your commute time), and the STR may allow you to break even cash flow wise?
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16 October 2024 | 16 replies
At that point I might be considered to be engaging in brokerage with my role reduced to a "lead generator" for my contacts/employers, the Buyers, who are essentially paying me a finders fee.
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13 October 2024 | 1 reply
You can often hire them at a reduced rate.
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15 October 2024 | 14 replies
While DSCR loans focus more on the property's cash flow than your personal income, most lenders will still require a personal guarantor to reduce their risk.Keep in mind that DSCR loans typically come with higher interest rates than conventional loans, which is the trade-off for the easier qualification process.
11 October 2024 | 8 replies
Pacific Modern Homes is a great example - we built one of their kits in the 1990's and it was beautiful/ really minimized labor and scrap onsite.
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13 October 2024 | 7 replies
:) Hi, first post herewhy would you want to refinance the 203k loan, would refinancing to the standard FHA mortgage reduce the interest rate or something?
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14 October 2024 | 22 replies
Diversifying involves buying multiple properties to reduce risk and increase rental income.
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14 October 2024 | 14 replies
Find someone at your local REIA who you click with and see about partnering with them, following them through a project, or offer to trade your labor/skills for them mentoring you.
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13 October 2024 | 18 replies
I'm dealing with a Union issue right now in a non real estate matter and labor relations attorney stated anything via text is not considered binding.
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15 October 2024 | 14 replies
So any advice would be extremely precious for us to leverage some past lessons and experiences from the veteran investors here to reduce our risks of investing.