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14 November 2024 | 9 replies
I had a RE license as an Investor/Contractor and never saw that it saved much money (My experience anyway) People think you save 2.5 - 3% on every deal because you don't pay a Buyer's agent.....but most sellers are not dumb and will not automatically 'give' you that money, they will either expect that they keep it or maybe work out some kind of a split.So if you are just going to be an investor, there is no way that it is worth the cost (IMO)
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15 November 2024 | 32 replies
BRRRR is possible in Greater Cincinnati, but just like everywhere else, at least properties on market, don't expect to pull all your money out.
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11 November 2024 | 12 replies
I would expect liquidity is limited.
13 November 2024 | 8 replies
If you chose to do the tenant a favor, its beyond me why he expects you to pay relocation also.
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14 November 2024 | 15 replies
By already being in a property you'd be able to refi when the rates lower instead of participating in what I expect to be a period of bidding wars.
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11 November 2024 | 0 replies
Since the goal is to revitalize these areas, property values—both for homes and rental properties—are expected to increase as the neighborhood improves.Community Impact:Of course, the main goal of any investment is to generate a profitable return.
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11 November 2024 | 8 replies
You will also find hard to refinance it (lower interest rate expectations in future) if you are not in the US.
10 November 2024 | 13 replies
I'd have a talk with the tenants and explain that you were dealing with it and that they are not to call people to fix things (and expect you to pay for it).
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12 November 2024 | 7 replies
If you expect a large tax balance this is why people rush to get it into services ASAPEdit: To also add if the taxpayer qualifies for the "STR loophole" as some call it, even if they don't have much rental income, they could use the losses produced by that STR to offset other income.
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10 November 2024 | 5 replies
Especially for projects expected to be stabilized within a year that are refinance candidates.