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4 May 2024 | 13 replies
A lot of condos here have nearly doubled in price in the past three years and while I don’t know if that kind of trend will continue I definitely feel the regret of not buying one maybe 3 years ago.
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4 May 2024 | 2 replies
Not sure if the patio should have a glass cage to double as a mud room or open for barbeque.
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4 May 2024 | 7 replies
Typically, in the deals we do, we are looking for the following:5-year hold6% annual cash-on-cash returns60% profits upon sale Sticking with the previous example, you’d invest $100,000, hold for 5 years, collect $6,000 per year in cash flow distributions paid out monthly (a total of $30,000 over 5 years), and earn $60,000 in profit at the sale.This results in $190,000 at the end of 5 years – $100,000 of your initial investment, and $90,000 in total returns.Almost double your money in just 5 years?
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4 May 2024 | 14 replies
I would remove the double doors going into kitchen and put a laundry closet there.
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3 May 2024 | 6 replies
Sometimes just wholesaling the contracts, double closes and things like that.
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4 May 2024 | 9 replies
I currently lean toward upstate NY and MI (Detroit metro) as I live in the west but have family in Canada not far from those locations and the idea of being able to visit family with trips that can double as business write-offs is appealing.
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3 May 2024 | 14 replies
So I always just look up my competitors listings and see what they're charging and how full they are....which amenities do they have, etc....You can double-check with the sites you mentioned, but to rely only on them would be foolish IMHO....
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3 May 2024 | 12 replies
HELOC: they are out there, but you typically have to hold title in your name and not under an entity. 70% LTV is usually the cap, and rates are double digits (mid teens).
3 May 2024 | 12 replies
How does the buyer insure the seller’s agent doesn’t pocket a double commission as they normally manage to do when you try this in residential real estate?
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3 May 2024 | 23 replies
But, for all the Minimum Wage Slaves that work in the Retail and Service businesses, it made the Rents double and triple at a time of Inflated gas, food, medicine to where my old tenants call me begging for help to find a place to move to.