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22 January 2025 | 12 replies
Possibly using mortgage/home equity loan on one unit we own to buy an extra one.3.
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27 January 2025 | 25 replies
Let me know if you have anything in the range of $1 mil- 2.5 mil over 10 + units
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22 January 2025 | 22 replies
Encore, you would need a membership, if you purchase in the new phase (Spectrum ) they automatically come with the amenities (membership) included to your guests, but the HOA and management have other restrictions and all units come furnished with the same packages, so you can't make changes to have it stand out, which is what is really needed hear in Orlando since there is so much competition.
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20 January 2025 | 0 replies
We also updated the entire flooring, renovated the kitchen with new appliances, overhauled both bathrooms, and added new washer and dryer units.
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23 January 2025 | 5 replies
As a Mexican real estate agent living in Canada and with a presence in the United States, one of the most common questions I hear in the investor community is: "Can foreigners buy real estate in Mexico?"
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1 February 2025 | 14 replies
The Act specifically prohibits lenders from enforcing the due-on-sale clause when a residential property of less than five units is transferred into a revocable trust where the borrower is a beneficiary.2.
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20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
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28 January 2025 | 42 replies
I've heard horror stories that it's usually impossible due to the "burden placed on the municipality" but could really never understand what that burden was... most people living in those units wouldn't be using the school systems so aside from maybe an increased volume in emergency medical situations I can not understand that statement?
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16 January 2025 | 7 replies
You can look on websites like https://www.corporatehousingbyowner.com/search/United-States... and https://www.furnishedfinder.com to see what similar houses are rented for.
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12 February 2025 | 27 replies
We invest in Lexington and Louisville (100+ unit multifamily buildings).