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20 January 2025 | 1 reply
Further enhancements included constructing a back deck and repainting the interior to modernize and enhance the home’s appeal.
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7 February 2025 | 40 replies
I am still waiting for the Court to sign off on the sale ratification, before my foreclosure attorney can get the title transferred and recorded.
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2 February 2025 | 9 replies
I’ve considered multifamily or duplexes, but from what I’ve heard, they’re unideal right now, so I’m leaning towards STRs.I’ve put together a list of areas that seem STR-friendly with good tourism appeal, and I’d love to get feedback from people who know the San Antonio market well.
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3 January 2025 | 13 replies
Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been issued earlier this month by a federal judge in Texas who had ruled that the Corporate Transparency Act was unconstitutional, Reuters reported on Friday, thus suspending the deadline once again for most reporting companies to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN)."
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13 January 2025 | 2 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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16 January 2025 | 3 replies
Nothing really appealing to me as an accredited investor. let's refine your approach.Contrarian bet on B class office needs to be 50x equity or something
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21 January 2025 | 27 replies
Plenty of room for upgrades in the building which was appealing.
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28 January 2025 | 9 replies
Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance.
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7 February 2025 | 9 replies
Doesn't have the sex appeal of wholesaling, I guess.
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13 January 2025 | 12 replies
Selling to you could begin to feel like an appealing alternative to dealing with the hassle of re-renting the home.If they’re open to selling, you can share what you’d be willing to pay based on your research and pre-approval.