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2 August 2024 | 53 replies
It's not much of a prediction as it's more just reciting from the political play-book on election strategy.
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1 August 2024 | 4 replies
(On that type of deal it should but play it safe)Even if the seller can show you a current policy and that is what they are paying now you as the new owner may not be able to secure that same rate even from the same insurance carrier.
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6 August 2024 | 54 replies
Do you see the BS propaganda at play in this narrative being spoon feed to the public?
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2 August 2024 | 12 replies
The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370
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1 August 2024 | 8 replies
Hey Lucas - Check out this article that goes over how DSCR loans play into BRRRRS.
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1 August 2024 | 10 replies
Also remember that Real estate is a long-term play so even if the cash flow isn't a "home run" right now you can refi later and hopefully even pull out some equity you can put down on another one, bringing you closer to financial freedom.Thanks for reading BP!
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31 July 2024 | 2 replies
Not because it might be mispriced, or the area isn't seeing that much demand anymore, or any other reason - but because that will come into play when the bank does an appraisal on your property.
31 July 2024 | 9 replies
In these areas, you will generally not cash flow that well for the first few years, but years later (like me now), I can retire off the profit that I make from these same properties.Ultimately, this is how I chose to play the game and it is not the perfect game for everyone.
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1 August 2024 | 9 replies
A rental is a long term play.
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31 July 2024 | 4 replies
Or if you can get into entitlements that is a value add play as well.