Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
So as a newer person in an area if you want a lot of bids before you close you'll normally end up with the more expensive guys or the ones that don't have work at the moment (usually for a reason).
Martin Phinney
Moving Out of State - Should I Sell or Rent my House?
28 January 2025 | 9 replies
I'd rent first to be sure I'm going to stay. 105 degrees to 115 is normal May to October in Scottsdale and no Puget Sound
Scott Weston
Highlands Cashiers Market
23 January 2025 | 11 replies
I'd normally also suggest Marshall, Black Mountain, and Old Fort, but many of these towns were heavily impacted by Helene.
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
Depending on your loan it might only work in the STR game.HOA’s normally do not allow in the Oceanside area but if you get on the beach then they do with restrictions.If you want a personal consult let me know.I have a team here in Oceanside, Carlsbad.
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
I know Deed in Lieu is a common and normal practice.
Jeffrey Hill
Trying to figure out how to buy a home from a friend with assumable VA loan
13 January 2025 | 5 replies
From my understanding, normally with a VA loan assumption.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
Labor is cheaper down there, USD $2.50 per hour, which is normal rate.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
It is normally not suggested to own appreciating property, such as real estate, within an S-Corp.
Esther Iroko
Tenants not paying rent
29 January 2025 | 20 replies
New owners are normally at 2 extremes...
Kyle Kline
Short Note Investing
28 January 2025 | 7 replies
With current interest rates, and they are at least 1% higher with potentially additional points for non owner occupied property, it is hard to find properties that will allow for positive cash flow after paying the mortgage, if you are looking for money for the down payment from a private lender, those are normally at higher than market and I am not sure it would be possible to pay it off.... please remember you need to take into account that you may not have a tenant for a certain amount of time, a tenant may stop paying rent, or you will have a big ticket item to fix, so I would wait if I were you and save to have enough for the down payment and closing costs and perhaps some money set aside for repairs. you also want to make sure that you have your own emergency fund outside of the money needed for the investment property because life happens ....