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3 February 2025 | 32 replies
There is a lot of gentrification going on un several area which help that quicker appreciation.If you ever have any questions feel free to reach out or send me an email, I enjoy helping other BP members.
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19 January 2025 | 9 replies
This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr.
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15 January 2025 | 2 replies
Feel free to reach out if you ever want to chat or bounce ideas around.
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8 January 2025 | 6 replies
It’s in pretty good shape at this point, rentable.I travel a lot for work, and a friend gave me the idea to do a short term rental as a one bedroom, locking all of my stuff in the other bedroom and office - I applied today and was denied because I don’t own both sides of my HPR, even though I have written permission from the owner of the other half….
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21 January 2025 | 8 replies
If you ever want to chat more about this... or if you're curious how these strategies play out in markets like Austin or Scottsdale... feel free to reach out.
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7 January 2025 | 19 replies
Quote from @Nathan Gesner: Unkempt lawns, trashy or broken down vehicles, mattresses and trash on empty lots, boarded up houses, bars on windows, dealers and hookers on the corners, the lack of stores or gas stations, occupied properties are dilapidated, etc.Or when Google maps shows stuff like this: If those are drug zombies, as they appear to be, that's an "F" class neighborhood where nobody pays rent and structure burnouts are common.
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10 January 2025 | 6 replies
There are plenty of entry roles from cold calling, scrubbing data and find deals for investors, leasing assistant, work on construction sites, office admin, project coordinator, Title assistant, RE photographer, transaction coordinator.. on and on.
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5 February 2025 | 54 replies
Best of luck, and feel free to connect if you have more questions.
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16 January 2025 | 2 replies
Feel free to reach out if you have any advice for a newcomer or if you're also investing in the Kirkland area!