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20 May 2024 | 0 replies
Hello, I recently built a home with a segregated portion that I am about to rent out (July 1).
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21 May 2024 | 1 reply
Co-living spaces, communal workspaces, rooftop gardens, fitness centers, and pet-friendly facilities are increasingly popular among Millennial renters and homeowners seeking a sense of belonging and community engagement.Impact of Demographic Diversity and Inclusion: Millennials are the most diverse generation in U.S. history, with a significant portion identifying as racial or ethnic minorities.
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21 May 2024 | 15 replies
I would say there should be a few options at that loan amount - the most common minimum for DSCR lenders right now probably more like $100k or $125k - I would say only a small portion have as high a min. as $150,000
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21 May 2024 | 13 replies
Lenders may consider a portion of the rental income from your tenants in their calculations, which can help you qualify for a larger loan.9.
21 May 2024 | 10 replies
However – it would be nice to get out of the property manager business – without giving up a gigantic portion of the proceeds.We are very fortunate to be in a position to ask these questions, but we absolutely need to process a lot of information before committing to any sales.What do you think – Take immediate advantage of huge sale prices, then get into a DST (or several)?
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19 May 2024 | 7 replies
@Daniel Stoychev both location and numbers are vital to consider when evaluating a RE investment.
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20 May 2024 | 2 replies
There is already several offers from solar lease companies to lease a portion of the property.
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20 May 2024 | 7 replies
I am also a lender if you are ready to start that portion of the process.
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20 May 2024 | 6 replies
@Carlos OlivaCash-out Refi:Pros:Fixed interest rate - providing stability in your paymentsLump sum payout - one-time lump sum, which can be beneficial if you have a specific investment or expense in mind.Lower interest rates - compared to HELOCs because they're first mortgagesCons:Closing costs - higher which can eat into your equityResets mortgage term - If you've already paid down a significant portion of principal.
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20 May 2024 | 17 replies
From there it's vital that you're getting clicks (need good property title, good pictures) and that clicks turn into bookings (again good professional bookings, good amenities, something other properties don't have), and lastly, 5-star reviews from those first bookings.