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29 January 2025 | 11 replies
When Helene/Milton hit we had local displacements and I suspended any rising rates (rising naturally due to spike to demand).
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12 January 2025 | 21 replies
Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.
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29 January 2025 | 11 replies
Usually of the home requires major repairs it may require a HML "hard money loan" then you refinance in 6 months on the new ARV.DSCR is also not a great avenue for low loan amounts because all loans under $125K will take a rate hit and the minimums are usually $125k after down payment with some going down to $100K Min.
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23 January 2025 | 2 replies
@Ryan BroschardHi Ryan,You have hit a common issue many new investors fail to anticipate.
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24 January 2025 | 15 replies
If my Tennessee property gets hit by a tornado, I can move to my Alabama place.
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31 January 2025 | 12 replies
You’re likely not hitting 500 hours (one of the tests) so you’re relying on the 100+ hour and more than anyone else’s time or substantially all the time in the activity.
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4 February 2025 | 12 replies
It sounds like you've done a lot of the preparation work required to hit the ground running.
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28 January 2025 | 5 replies
One example would be the office sector being hit hard with defaults.
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5 February 2025 | 205 replies
Currently, Cape Coral's inventory, new listings, etc are on the decline again.As @Bernard J. implied, I would take a sizeable tax hit if I sold immediately, but again there are a lot of market conditions at play.
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15 January 2025 | 12 replies
Quote from @Najeh Davenport: Hey BP family, I’m hoping to get some advice because I’ve hit a bit of a roadblock with a refinance, and I’m not sure what my next steps should be.