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18 December 2024 | 17 replies
Value add ( do you want to do reno/raise rents), or stabilized (income producing, lower maintenance).
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31 December 2024 | 66 replies
Anecdotally, I noticed many repair men seem to do a worse job overall (slower, lower quality work, coming late or even cancelling on days) when paid up front.
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16 December 2024 | 1 reply
Be sure to work with an agent or broker who understands your local market, and consult with a professional who understands all applicable tenants-rights laws related to your transaction.
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11 December 2024 | 8 replies
When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.
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17 December 2024 | 16 replies
The lower rate decreases my monthly expenses, increases cash flow, or gives me a higher LTV.Increasing Rents with Co-Living:I have changed my rental strategy to Co-Living (rent by the room).
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15 December 2024 | 3 replies
You’ll make most of your cash flow from half of May through Aug, lower in Sept, med/strong Oct.
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18 December 2024 | 29 replies
I started looking a bit into Rochester which has a way lower price point for multi families and single families but obviously I would be unable to house hack as it is 5 hours away from NYC which I will not be commuting lol.
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13 December 2024 | 10 replies
PennyPref equity investments allow you to sit lower in the capital stack (less risk).
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12 December 2024 | 7 replies
Hello Team,I am looking at my outstanding credit card debt which is at ~25k would it make sense for me to consolidate this debt to a lower interest loan?
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14 December 2024 | 5 replies
I then lowered the offer price to 70k since I wouldn’t be able to complete the due diligence piece.