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6 August 2024 | 3 replies
If you could find a duplex property (or a single family house that could be turned into a duplex--check any HOA restrictions first), or a "fixer upper" to live in, that could be a better use of the equity you have in the rental house.If you run the numbers and decide it makes sense to sell the rental house (check with your accountant, figure out closing costs to selling and buying) then you'll possibly have more money to put towards a primary residence.You may want to check the neighborhoods that fall in the school district you want to stay in and look in "under appreciated" areas...maybe not the A class neighborhoods, but ones that have potential of becoming "improved".While I understand your desire to stay in a particular school district, it's not the end of the world to consider other districts if they will allow you to build real estate/family wealth that will put your entire family tree in a better position."
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7 August 2024 | 26 replies
No one has a solution to this problem?
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7 August 2024 | 0 replies
Listening helps you understand what the other party wants, allowing you to craft creative solutions and close deals.Leveraging due diligence for negotiation and decision-making is a powerful strategy in real estate investment.
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13 August 2024 | 69 replies
Only solution is hope FED cuts interest rates fast and deep, but all macro-data says US economy doing great with fed funds at 5.33% so foreclosure becoming only option.now if a Chimp with a learning disorder like me could see this coming, perhaps, the syndicators that charged high fees and had 5 different "share classes" saw it coming too and perhaps that was their plan all along?
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8 August 2024 | 22 replies
Political maneuvering/postering aside, I think city council is ultimately in favor of any affordable housing/homelessness solutions, so despite this initiative not making it on the ballot for this November, it's probably only a matter of time before Boulder raises the limit.
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5 August 2024 | 7 replies
They aren't licensed or insured.At least a PM is typically licensed and insured.From what I've heard Joshua Tree is very saturated so it sounds like your doing good to break even.Since you seem to be doing everything right and going beyond what many are doing, adding someone else to manage the property will just lower your Net profits from having to pay them.
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7 August 2024 | 8 replies
Ok, this ends up being a simpler solution than I thought.
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6 August 2024 | 20 replies
S8 is a TOOL, not a guaranteed solution!
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10 August 2024 | 85 replies
That problem is getting worse and there is no solution in sight.
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7 August 2024 | 8 replies
So now might be the best time to find the new solution. 3) obviously zero or almost zero real estate professionals knew it was bad for the sump pump so I wouldn’t expect the tenants to know.