Kevin Rodriguez
The Value of Real Estate during High Inflation
31 October 2024 | 3 replies
Shorter holding periods also help mitigate risk, so working with a reliable contractor is key.
Emmy Timberlake
Best place to put money for saving for a house?
30 October 2024 | 5 replies
Emmy,For me I would put money like that in a high yield savings account because when I start saving for a shorter term goal I want to be able to use the growth to help me save.
Miguelli Fernandez
Seller needs two weeks after closing to move out
31 October 2024 | 23 replies
Find out what the going rate is for rent, increase it a bit for the shorter term and if they stay over 14 days, have a per day fee that escalates if they stay longer.They can always get short term rental to stay in and put their stuff in storage.I would NOT start any work until they are out.
Noey Santiago
Refinancing with a Low Credit Score
30 October 2024 | 11 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Alicia Kuluris
Partnership After All the Work is Done and Home is Making a profit
2 November 2024 | 22 replies
Bad season for us means shorter season or less people coming up during the season because of the lack of snow as most of our money is made in this season.
Julio Gonzalez
The Short- Term Rental Loophole Explained
31 October 2024 | 11 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
Steven Mendiola
How Hard is it to Find Tenants?
31 October 2024 | 18 replies
Might not fill 6 bedrooms immediately but when I rented by room there was always a good amount of interest (FB marketplace, craigslist, Zillow, roomies.com), especially if you are open to shorter than 12 month leases.
Dayton Bishop
New to real estate
26 October 2024 | 3 replies
You'll experience more in a shorter amount of time vs. starting off on your own.Aside from the team, I'd also recommend joining agent communities especially those that have virtual meetings to role play, accountability, discuss marketing tips, etc.
Chris Seveney
Risky 2nds - Why a Paying 2nd can also completely wipe you out.
24 October 2024 | 15 replies
There is too punitive measures and shorter time horizon for that loan to mature and eat away at your equity buffer.
Daniel Llauger
Sell property owner to owner (owner finance)
23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).