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27 October 2024 | 3 replies
That's the way you scale with less money each time, but you don't want to leave the last home until you have built enough equity to do a cash-out refinance.
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27 October 2024 | 1 reply
Financially, the numbers make sense, but I need to have a proper inspection since this is my first home (and I'm going unrepresented) and the house is built in 1915 with some renovations that were clearly done by the investor selling the property rather than a professional.Question: Although previous owner has owned the property for 3 years and rented to tenants previously, should I be concerned that the legal zoning is only for SFH?
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28 October 2024 | 15 replies
Your active participation and readiness to take action, supported by solid financial foundations and relationships, will be vital to capitalizing on attractive real estate deals.The question remains: will the Federal Reserve’s moves lead to a soft landing, or are we bracing for a more turbulent economic period?
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
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24 October 2024 | 32 replies
Is this the property that you built with a wooden foundation and what specific town is it in?
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23 October 2024 | 18 replies
@Larry Caper - sounds like you've built an incredible education foundation. well done!
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27 October 2024 | 16 replies
Bookings and all that is simple- AIR,VRBO, we do a direct site we built but you can get by without.
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24 October 2024 | 14 replies
(considering the longevity of the foundation, NO comparable, etc.)
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31 October 2024 | 17 replies
Initially, we didnt give them they money until work has been done but based on the work and relationship we built, we decided to pay this one ahead for the next project.
30 October 2024 | 94 replies
You can leverage and be creative but you don't have the foundation to sustain buying 10 properties in 1 year.