Tariq B.
Interest Rates on Commercial Loan?
27 January 2025 | 6 replies
Is it turn-key, or deferred capex?
Christian Houston-Floyd
New Investor, buy and hold residential single family rentals
31 January 2025 | 7 replies
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
By using time as a key asset, we can ensure that:Properties remain affordable and community-focused.Tenants have access to education and workforce opportunities.Investors receive steady returns without destabilizing the market.To Summarize:This project isn’t conventional, and I don’t expect everyone to immediately align with the vision.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
These small, inexpensive touches create a memorable and seamless guest experience.The key is to design with intention.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
Do you have a price point you're targeting and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
You could certainly reach this demographic, but it could also cost you substantially more than the return.For the money, your best bet is probably a dedicated website for your property with the key words that you want to convey.
Courtney Dettlinger
Should I use home equity loan & how
22 January 2025 | 1 reply
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.
Dave Bobka
Buying my first investment/rental in 2025!
21 January 2025 | 15 replies
Spend a little more money than you might have been planning to, buy in a better area (i.e. not a “turn key” 100k house off the mls), and self manage.
Grant Shipman
7 Steps to Choose Your Property Type: Niche 2 Get Rich & Super-Niche 2 Get SuperRich
27 January 2025 | 0 replies
Seriously—Pick a Property TypeDetached houses might be the easiest to work with, but the real key is committing to a property type.
Jason Hathaway
What’s your thoughts on Owner Financing
31 January 2025 | 3 replies
Like any financing strategy, due diligence and proper financial planning are key to making it a successful solution for both parties.