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1 March 2024 | 28 replies
I just haven't been able to find wholesale deals, MLS deals on market for a long time or off market that in this environment allows me to buy for 75% of value.
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29 February 2024 | 15 replies
At least in our primary market (Tampa) I think 2023 created a purge of subpar listings and subpar owner's (get rich quick types) and now has created an environment where the good survive and the best thrive and the rest have died.
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29 February 2024 | 9 replies
If you intend to expand to multiple property ownership, or if you do or intend to have other assets you wouldn’t want to jeopardize by real property ownership liability; then spending $350 - $550 to set up an LLC, and $125 for tax software to fie taxes, and 3 minutes to go online once a year to file a one half page information report, seems like a small price to pay for the protection, peace of mind, possible retirement plan benefits provided.
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28 February 2024 | 7 replies
Hi everyone, I’m asking here to see if I can get some insights and peace of mind for my upcoming four-point inspection for insurance since my current carrier won’t renew after May of this year.I own a rental SFH in South Florida (Broward).
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29 February 2024 | 35 replies
This does not look like the environment where you can do a classic "buy, fix, rent, refinance" .
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28 February 2024 | 4 replies
Plus, it gives me peace of mind knowing that I have a buffer for unexpected repairs.
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28 February 2024 | 5 replies
Fixed rate debt in an inflationary environment is a wonderful thing.
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29 February 2024 | 22 replies
Insurance - ValuePenguinPro-business environment: Google searchNo rent control of any kind.
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28 February 2024 | 19 replies
.: I would highly suggest buying an existing community, it is almost always easier and more profitable unless you know what you're doing. logan the issue on the West coast is parks are treated like investment grade props and sell at a very low cap rate even in this interest rate environment.
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27 February 2024 | 6 replies
Today it will be very challenging as the rates on HELOC’s will be very high.Unless you perform the labor or get a screaming deal, your chances of getting all your money out will be challenging and it may end up being near 100% financing and thus little to no cash flowNot saying it cannot be done but in high interest rate environment brrr makes it that much harder