
15 January 2025 | 29 replies
It might be the way I have to keep going but it's why I'm exploring this fund option as an alternative.1.

19 January 2025 | 8 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
29 January 2025 | 20 replies
These things going to court you have to Steel Man the argument and if you can do that with a good base for your side being in the right/wining the argument then you may be able to win in court.

21 January 2025 | 6 replies
Based on the info in your post, my recommendation would be to turn these assets into well oiled machines and max out their NOI.

21 January 2025 | 3 replies
I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

2 February 2025 | 20 replies
@Mike Dymskiagree - a lot of new investors are trying to pick a market based on solely on math.

13 January 2025 | 4 replies
However, when I am unable to run screening reports due to this, we can push them to our "alternate screening".

26 January 2025 | 13 replies
If you know you are going to 30+ properties quickly I would choose the PMS based on that rather than where you are now.

20 January 2025 | 3 replies
What index are your heloc's based on ... ?

14 January 2025 | 3 replies
Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US).