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19 January 2025 | 18 replies
The first indication is you spent $290k for $1800 cash flow or a 0.62% monthly ratio.Rent $1800 - PITIH $1480 - $180 (pm) - $90 (vacancy at 5% which is lowest i ever allocate in my underwriting and likely low per the OP description of a lot of new development) = $50 for all other expenses.Maintenance/cap ex on 4/2, 2100’ will exceed $300/month even in cheap labor markets on sustaining basis.
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6 January 2025 | 25 replies
You can be nice, but professional, and work out an amiable move-out.
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10 January 2025 | 12 replies
I don't deny that it's tough if you don't have family or contacts of your own, but with enough time and patience, I think it should be possible to develop contacts.
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2 January 2025 | 12 replies
The DST gives you this option, while 1031 does not.2) Direct up to 80% of the funds to an LLC and partner with the trust for a business purpose such as purchasing investment real estate, loan business, buy into a business or develop investment RE at your own timing (all capital gains tax deferred, without having to follow any timing guidelines.)3) The DST can save a failed 1031 exchange.
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5 January 2025 | 31 replies
So it'd be nice to connect with other women!
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1 January 2025 | 0 replies
Now I own a thriving property management business, run a real estate team helping other investors learn how to grow and scale their portfolios, I have my own modest investment portfolio and have two development projects going at the moment.
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20 January 2025 | 19 replies
Nice…You can’t offer less for a property full of fire rubble (lead and asbestos?)
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9 January 2025 | 9 replies
You want this to be your backup plan if things take longer than anticipated, you do not want to dip into personal credit cards so i would use a heloc to help with down payment but try to keep a nice available balance on a heloc as your insurance policy.
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6 January 2025 | 10 replies
What are the possibilities as foreigners for:- Conventional loans- Bank/credit union loans- DSCR loansTHANK you and have a nice sunday evening.