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24 January 2025 | 3 replies
Many successful investors started small, such as with house hacking or buying affordable properties to rent out.
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31 January 2025 | 6 replies
The hang up is getting deals formally drawn up.One idea:- I buy the property and pay 25% DP, then they provide capital after the closing and I pay them P&I over 5-10 years.
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24 January 2025 | 0 replies
Foreign nationals have the same rights to purchase real estate as German citizens, making it easy for Americans to invest in the German market without additional legal barriers.Furthermore, Germany has a transparent legal process for buying property, ensuring clarity and security throughout the transaction.
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31 January 2025 | 11 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.
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25 January 2025 | 11 replies
However while people in Windsor doesn't have the luxury of high paying jobs that GTA residents have, is it just a temporary fever of buying houses, or there is really something going on in this city ?
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27 January 2025 | 4 replies
First thing is to decide if you want to flip or buy/hold.
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22 January 2025 | 5 replies
Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.
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24 January 2025 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment in Jamaica.
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24 January 2025 | 0 replies
Investment Info:Condo buy & hold investment in Rowland Heights.
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22 January 2025 | 13 replies
The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.