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22 July 2024 | 37 replies
I heard prices in Austin crashed and investors were impacted heavily, how true is this?
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19 July 2024 | 19 replies
I have now received numerous complaints and it is impacting my rating.
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20 July 2024 | 13 replies
For STR, this is not really an issue, as most STR's 3x the LTR rental income.Also, curious as to why you would want to go Conventional and impact your personal DTI, vs. just going DSCR?
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20 July 2024 | 2 replies
One little step solves all your problems.Getting a personal loan has zero impact on the LLC.
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25 July 2024 | 62 replies
For me the concern is not so much the difficulty of dealing with the new laws etc but the greater long term impact of those laws on the quality of life and the population.
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22 July 2024 | 34 replies
Why does interest rates going up have any impact on your investment?
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20 July 2024 | 10 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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19 July 2024 | 4 replies
If the new buyer defaults on payments or otherwise breaches the terms of the mortgage, it could impact your credit and financial situation.Market Demand: Consider the market demand and potential buyer pool for properties sold under subject-to arrangements.
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19 July 2024 | 5 replies
If you don't, I would just apologize for the inconvenience and get the work done.I only give repair discounts when there is a significant impact on the features or use of the property, such as no a/c in the summer.
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20 July 2024 | 32 replies
This can help offset your mortgage and other expenses.Single-Family Home: If you choose a single-family home, you may have the option to rent out rooms or a separate unit if there's space, but the income potential might be lower compared to a duplex.Affordability:Duplex: Financing a duplex might be more challenging, but the rental income can assist with affordability.Single-Family Home: Single-family homes might be more accessible for first-time buyers, but you won't have rental income to offset expenses unless you choose to rent out a portion of the property.Property Management:Duplex: Managing a duplex involves dealing with multiple tenants and units, which can be more time-consuming than managing a single-family home.Single-Family Home: Managing a single-family home is typically simpler since there's only one tenant.Privacy:Duplex: Living in a duplex means you'll share a building with tenants, which could impact your privacy.Single-Family Home: Offers more privacy as you won't be sharing the property with renters.Market Conditions:Duplex: In some markets, duplexes may offer better appreciation potential and cash flow due to the rental income.Single-Family Home: Depending on the location, single-family homes may have better long-term appreciation potential.Long-Term Plans:Duplex: If your goal is to accumulate rental properties, starting with a duplex can be a good way to get into real estate investing.Single-Family Home: If you prioritize a more traditional living arrangement and don't want to manage rental units, a single-family home might be a better fit.