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31 October 2024 | 2 replies
You lead with, "I am a local homebuyer."
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30 October 2024 | 4 replies
How much money do you plan to generate from this rental and do you plan to get more in the future?
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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.
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31 October 2024 | 0 replies
Visibility drives clickability, and not using the full length of the ad to add keywords and business-related details is a missed opportunity when you’re fighting for every click in Google Ads.Conclusion:If you know you want to get off-market seller leads from Google, and already committed the budget for it, make sure your ads are optimal and that your keyword selection will not cause you to appear on ones that will waste you time and money.The Google Ads landscape is fiercely competitive in today’s market, demanding an investment of several thousand dollars per month to gain meaningful traction.
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31 October 2024 | 4 replies
In other words, make it a daily task to reach out to contacts, search the MLS, make connections, follow up on leads.
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1 November 2024 | 19 replies
Just because your inspector found these items doesn't mean he found them all.The simple fact that the foundation was incorrectly done, that leads me to suspect that there are many multitudes of issues within.
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30 October 2024 | 12 replies
My vote is to repair, repair, repair.Water damage can lead to significant problems, from blistering / peeling paint to ceilings collapsing and electrical shorts.
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29 October 2024 | 9 replies
The PM company has to generate these owner statements and emails them.
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29 October 2024 | 3 replies
My Co-Founder and I have developed a real estate platform that'll generate a Investment Memo.If you're still interested or curious to see what we create, let's chat more, thanks!
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8 November 2024 | 53 replies
If someone does the work to generate a meaningful question, I wish there was more respect given to those folks.