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26 December 2024 | 27 replies
However, after seeing what we could offer in terms of amenities, location and service, they happily paid the premium rent associated with renting from us.I am not a natural salesman, but reading books on marketing, sales and hospitality has greatly improved my ability to convert a lead.
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30 December 2024 | 103 replies
On the rental property side we will go through another round of capex improvements, mostly driveways and roofs.
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28 December 2024 | 24 replies
From a credit perspective, house hacking also helps you build strong cash flow, which can make it easier to secure financing for future deals.Additionally, if you're targeting high-appreciation markets, you could also look into cash-out refinancing down the line to pull equity and fund additional investments.
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24 December 2024 | 9 replies
Either way its good to buy end of year as most builders and sellers are offering seller credits or builder credits to use towards closing costs or to buy a rate down to help get a lower payment.Even if you wanted to buy a strater home like a 2-4 unit as a primary again you only need to put 5% down.
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15 December 2024 | 12 replies
The obvious answer here is to somehow get some income and start paying down the credit card debt.
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19 December 2024 | 5 replies
I am not looking to make major improvements, but I am looking to enter and secure it.
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19 December 2024 | 21 replies
It's all about the location, you might be able to buy a cheap house, but if it's in an area with nothing but other cheap houses and in an area that is "not desirable" you're not going to make much money on it, either in improvements or rent.
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22 December 2024 | 0 replies
And even fewer people seek to improve their ROI on BOTH the things they are not achieving and the things they are achieving.
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24 December 2024 | 3 replies
This often means a smaller down payment and lower monthly payments compared to a traditional bank loan, especially since the seller may not be tied to the high interest rates banks are offering.Another option is a land loan from a local credit union or bank.
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9 January 2025 | 44 replies
I often look at them and think if they can do it, probably I can have some level of success too.Other key info I may have left out above:1) I am not in the US, and have no plans to visit or move there2) I am not a US citizen, but possibly have a credit history there (maybe none) since I attended university there many many years ago3) I am completely new to real estate - I've been reading crazily and consuming lots of content.