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21 November 2024 | 1 reply
Depending on the complexity of the deal, you can have a few revisions, negotiations to the contract.To me, the focus of the calls is to gauge whether or not the seller is motivated to sell, and if it fits into my buy box, and the price fits my return criteria.
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23 November 2024 | 7 replies
Sorry for the following Contrarian advice, but you're not a 5 year old so:The only reason to buy a personal residence (Home) is because someone is forcing you to.Usually, this person is called your Spouse (which is Latin for someone who forces you to make horrible financial decisions then criticizes you for them endlessly:)perhaps DON'T buy a home, just rent something affordable and invest the 20% or in your case 50% into the stock market (sp500 16.1% yearly return last 15 years, 11% last 50 years, 10% last 125 years)remember, your RENT is your maximum monthly housing expense, but your Mortgage is your minimum or starting monthly housing cost, it always goes up from thereI've, owned 2 personal homes, 100% appreciation in 6years on #1 and in 7 years on #2, (I timed our market perfectly both times), with 20% down and very low mortgage rates, but after honestly calculating all expenses, only made about 5-6% a year "investment wise".
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20 November 2024 | 37 replies
From what I've seen the returns are decent. 8% preferred and sometimes 12-15% annualized.
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22 November 2024 | 13 replies
And, that this return to office will manifest itself first in suburban areas with relatively less competition and shorter commutes for local workers, and that re-absorption of inventory will take a lot of time in urban areas with tons of vacancies.
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20 November 2024 | 2 replies
Are there better returns to be had renting to EDEN housing assistance renters, or should I stick to cash-paying tenants?
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19 November 2024 | 8 replies
How much experience do you have with Partnership tax returns?
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21 November 2024 | 4 replies
Investing will always be scary and that is why there is a return.
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21 November 2024 | 0 replies
The Millpond Ct property sold for $785,000 on 11/15/2024, generating a remarkable return on investment.
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20 November 2024 | 31 replies
I’ve gotten $10k in returns from a couple of 6 month loans, and some EMD loans.
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21 November 2024 | 16 replies
For residential mortgage, an LLC needs two years of its own tax returns or occasionally, a local credit union where you have an account will ok it.The bigger question is about your partnership.