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7 February 2025 | 8 replies
Frankly, if you are proceeding with a transaction and you are NOT comfortable, do not proceed.
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7 February 2025 | 14 replies
I'd love to shorten that for him a bit with REI or just make it a bit more comfortable when we get there.
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6 February 2025 | 30 replies
Sometimes I have to show clients the math for them to get comfortable with it.
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13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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16 January 2025 | 6 replies
Some may be comfortable with 100% crypto transactions, while others could opt for a split between cryptocurrency and cash.For sellers unwilling to receive cryptocurrency directly, the digital asset will be converted to dollars to complete the transaction.There are many ways a buyer can use crypto to make a purchase:The simplest way is a Crypto to Crypto transaction, as long as the seller accepts cryptocurrencies as payment.
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13 January 2025 | 31 replies
You are more than welcome to decline a showing because he is not comfortable with your requirements, but you are not allowed to discourage someone from applying to your apartment.
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24 January 2025 | 0 replies
It’s ideal for investors with some experience in real estate who are comfortable managing renovations and dealing with tenants.If you're a beginner, you might want to start with a simpler buy-and-hold strategy or partner with experienced investors who can guide you through the BRRRR process.
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19 January 2025 | 61 replies
If you just flat aren't comfortable with debt, then that's one thing, but I don't get the impression that's necessarily the case.
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17 January 2025 | 5 replies
With the cost of utilities and the level of comfort people feel is mandatory now there is no way I would want to be on the hook for it.