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29 July 2024 | 37 replies
I am growing my personal portfolio and my management portfolio but not actively seeking arbitrage deals.
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25 July 2024 | 8 replies
Hello! I received several renewal/non-renewal notices on rental properties in Cypress in the last few weeks. The cost of renewals increased by 70-80%, which was insane. I've been shopping around with no luck. Tried to...
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25 July 2024 | 1 reply
We are seeking to establish an estate plan to transfer these mortgages to Trusts without forfeiting tax benefits or triggering due on sale clauses.
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24 July 2024 | 4 replies
The seller is seeking $3.5M with an assumable loan.
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25 July 2024 | 4 replies
I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.
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25 July 2024 | 14 replies
Readers are advised to seek professional advice.
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25 July 2024 | 2 replies
Posting the same question in multiple forums.After reading through, I learnt the lessons and applied it as regards questions I would normally ask about my interest in wholesaling as a strategy to starting in the Real Estate Industry, I realize a whole lot of persons had same questions and I learnt from the Responses on the various discussions.It also changed my perspective in the way I approached the vets in the house, right now I just want to connect, I mean we are seeking financial freedom and for most of us that is time to do what we want and if I don't have regards for your time by being valuable to you, then I don't regard you enough.
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27 July 2024 | 15 replies
It may be worth it for you to lose the earnest money and seek out another property and another agent.
24 July 2024 | 8 replies
Hello everyone,
I am reaching out to connect with individuals who have experienced significant issues with the Section 8 housing program, specifically regarding their failure to enforce their own lease agreements.
A...