
19 August 2024 | 20 replies
@Geremy Rosenberg one of the best rules I was ever taught - "An investor makes their money when they buy".Negotiate hard on reducing the sales price because even if you get bids from contractors, there are ALWAYS surprises that drive up the rehab costs.

19 August 2024 | 15 replies
I think that, regardless of the deal you have with the seller, the primary lender that you refinance with may not like you having a 0% equity stake in the property, or very tiny equity position of less than 25%, and may require you to reduce or eliminate the "junior lien" or whatever you want to call it that is this seller carry item.

17 August 2024 | 8 replies
While Solo 401(k)s are still subject to UBIT, the absence of UDFI can simplify tax considerations and reduce potential liabilities.Structuring for Tax and Liability Benefits:While some investors consider setting up an LLC to loan money to a syndication, this approach is often overly complicated and not typically worth the effort, especially from the syndicator's perspective.

16 August 2024 | 19 replies
I finally found one at 20% higher than I was paying, but with a higher deductible and greatly reduced coverages (loss of rent from one year to 3 months, liability from $500K to $300K, everything else cut or excluded).Personal opinion (I work in insurance) and those of pretty much everyone I've spoken to in the industry feel we are at least a few years away from anything softening.

17 August 2024 | 56 replies
Now I use a more sophisticated tool that provides me all the tax sale lists nation wide and reduces drastically my research time. if anyone wants to check it out: www.fastlien.co

16 August 2024 | 0 replies
Developing mitigation strategies for high-risk areas helps reduce the project's overall risk profile.

15 August 2024 | 10 replies
I don't want to put boarding all over which would reduce my property value which is what my realtor is recommending me, but I am not sure if I am 100% in favor of it.

16 August 2024 | 16 replies
You could buy it out or increase the rate to reduce the years, but it will result in a much more costlier loan.

16 August 2024 | 8 replies
I can bring occupancy to 90% and reduce expenses 30% less what they currently pay.Luis

15 August 2024 | 3 replies
Not only will it have a negative effect on landlords, I would imagine some owners of single family homes will choose to sell to an owner-buyer, thus reducing the number of rental properties on the market, making it more difficult for renters to find places to rent.