
29 October 2024 | 16 replies
Any recommendations on key cities / towns within Ohio / Indiana that I should continue to research to further narrow my focus?

31 October 2024 | 4 replies
To echo all of the above tips, the key ingredients to all of this is consistency.

30 October 2024 | 10 replies
Networking is key, and I'm always eager to build new relationships within the investor community here in Central Mass.Looking forward to seeing you there!
1 November 2024 | 11 replies
Whether you decide to rent your current home and move or buy an investment property to rent or flip, having the right financing strategy will be key to making sure your deals are profitable and sustainable.Here are a few loan options that might help based on your strategy:DSCR Loans (Debt Service Coverage Ratio) – If you're looking to buy a rental property, this could be a great option.

31 October 2024 | 19 replies
Also much easier to manage contractors to rehab.The key is finding discounts.

31 October 2024 | 7 replies
Hi Jaime, if you’re new to real estate, here are some easy steps to get your feet wet and started: Read a Real Estate Book: Grab a good book to learn the key terms and language.

30 October 2024 | 11 replies
You're right, experience is key when lenders look at financing a construction deal.

31 October 2024 | 8 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

30 October 2024 | 7 replies
Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.

29 October 2024 | 11 replies
I’ve been hearing a lot about cost segregation studies and have a few questions…- What are some of the key factors that determine whether a cost segregation study makes sense?