
15 October 2024 | 6 replies
Hello fellow homebuyers,I recently made an offer on a house with an inspection contingency covering the roof, foundation, electrical, plumbing, backyard fencing, and pest infestation. The house is already occupied by ...

20 October 2024 | 8 replies
This would allow me to raise the rent for the main house a bit over market but I'm concerned usage could get out of control and making my cashflow take an unpredictable hit.Does anyone see other options here that may work better than the two above?

16 October 2024 | 0 replies
With this new reality it is imperative that buyers are aware of these expenses prior to submitting offers on homes; they should also be aware of the risk that these costs can appreciate aggressively.https://www.nbcnews.com/news/amp/rcna163853

20 October 2024 | 9 replies
Don't know if they raised it or not.

26 October 2024 | 25 replies
Some are solution-aware and are motivated enough to act immediately, while others need to be educated and/or reminded of their problems.

18 October 2024 | 1 reply
I purchased a property before that had way below market rents that were locked in for a year and after a year I raised those without doing any work and was able to get them to market rent.

16 October 2024 | 12 replies
We have several who have called us and usually are glad to help (avoid meal times and be aware of their timezones).

24 October 2024 | 139 replies
My contractor and I have a trusting relationship and I have a lot of construction experience so it works very well for me to get the materials and for him to only have to worry about labor.I understand the potential problems that could arise that you are presenting and I think it is great that you have shared them so that people are aware.

17 October 2024 | 12 replies
I feel a bit stuck in this scenario, and I could use some advice.I'm raising some money from private investors and wanted to run some options by more experienced posters, because I'm a bit unclear as to what the best way is to structure my deals with private investors, or if there are better options that I'm not considering.Here are some rough numbers to capture a deal that is on my radar:Loan amount from investor: $110kYearly Interest Paid to Investor: 7%Monthly Rent from Property: $1300Monthly Interest-Only Payment to Investor: $642Monthly Property Taxes: $71Monthly Insurance Payment: $71Property Management fees: $104Net Cashflow: $412Now, this is not a bad outcome, and I am fine with it, but I am wondering what someone else might do differently if you were in my position - Should I charge an upfront fee to my investor (maybe $5k or so for this deal and also keep the cashflow as my monthly management fee), or would you instead use the $110k from the investor to BRRRR a bunch of deals, or would you try to just use the capital for one deal at a time?

17 October 2024 | 5 replies
Just be aware of the for-profit clubs.