
13 September 2024 | 20 replies
You need to be inflation-adjusted, every 12-15 years it needs to be 40-50% more.If you're 40, and want to retire at 55.

10 September 2024 | 4 replies
As a mom I have chosen to remain in the back-ground of my children's Business.
9 September 2024 | 2 replies
Core inflation is barely below 3%, and jobs, while weak (and even weaker now that the data is apparently way off), are not dropping off the cliffs required to justify a 25+ bps drop.

9 September 2024 | 22 replies
(more dollars chasing fewer goods is a recipe for inflation).

12 September 2024 | 9 replies
You can combine "subject to" transactions along with "contracts for deed" transactions to have the title and mortgage remain in the sellers name.

11 September 2024 | 6 replies
So it remained as is.

11 September 2024 | 69 replies
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!

10 September 2024 | 11 replies
The deposit remains in place until they are out and is treated like a normal termination.About 90% of tenants pay the fee.

11 September 2024 | 22 replies
But for a stabilized Class B multifamily in this market, for example, my bare minimum would be 10%, "depending" on how much brain damage the building caused me (even though I use a management company) and what the appreciation potential is (which I never assume more than the rate of inflation, tops) etc. 12%+ is what I'm after.

13 September 2024 | 35 replies
You'll lose to inflation investing here over time if you are one of the very few that consistently cash flow. 2 - the place will be far from turnkey and will require thousands to get Section 8 ready.