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11 January 2025 | 10 replies
@Ken M. we live in one, it has an attached unit, but with a door that passes through from both units.
13 January 2025 | 21 replies
Honestly your approach may be a bit rough around the edges, but actually getting out there and trying to find deals through grit and hard work is the best way to start.
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15 January 2025 | 0 replies
Since 2022, rents tracked through the MLS system for the Charlotte Metro area have steadily dropped.90 Days of InventoryWe currently have 90 days of inventory on the market, a trend that’s persisted for five consecutive months.
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23 January 2025 | 9 replies
.), Peter Thiel (Palantir, Founders Fund; Palantir valuation: $45B), Reid Hoffman (LinkedIn, acquired by Microsoft for $26.2B), Max Levchin (Affirm, valuation: ~$5B), and others like David Sacks (Yammer, acquired by Microsoft for $1.2B) and Steve Chen/Chad Hurley/Jawed Karim (YouTube, acquired by Google for $1.65B), who collectively shaped the tech industry through groundbreaking venturesHigh performers who push one another, often go farther than solo business owners.
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15 January 2025 | 15 replies
Through that lens I will try to answer your questions to the best of my ability:1.
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13 January 2025 | 12 replies
And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML private people usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..
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21 January 2025 | 11 replies
I work with multiple different programs through our housing authority ("Section 8" and similar).
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13 January 2025 | 2 replies
., 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%?
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14 January 2025 | 19 replies
They e-mail me their background check from the hospital, or I have them complete one through tenantbackgroundcheck.com.
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11 January 2025 | 1 reply
We went through this process twice with them.