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3 December 2024 | 3 replies
No where… Once interest rates go down to the 5.5% range, you could refinance and be in a way better position. ** Another way: you could do all of the above and then use a company I use to split the lot.
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7 December 2024 | 1 reply
Review their online financials/annual statements.
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4 December 2024 | 5 replies
Mount Airy in particular is probably the most difficult neighborhood in Philadelphia to learn and there's no way you can do so from a computer reviewing rental rates and crime assessments.
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7 December 2024 | 2 replies
@Sham Haile you should look up the Tenants Union & RHAWA websites to review the notices and requirements for how notices need to be provided to tenants when a seller intends to sell a property.
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7 December 2024 | 8 replies
My message back to the realtor:After reviewing the inspection report, here are my thoughts.
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7 December 2024 | 2 replies
We found this deal reviewing Loopnet and saw it had been sitting on the market.
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15 December 2024 | 9 replies
If the answer is none, then it is time to re-evaluate the plan.1 deal closed (September 2024)1 deal scheduled to close 23 December,2 deals look to start off 2025 in a better position.5 dispos are rural property30+ follow-ups I didn’t hit the goal.
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16 December 2024 | 21 replies
If you have it in emails etc. you could have a position - but as another poster mentioned, giving up $100 a month in rent to only paint two rooms is very very generous so I can see how they thought there would be more rooms involved.
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9 December 2024 | 4 replies
If you really want to supplement your income, my thought would be to take out a HE loan (or some other 2nd position loan) and use that to fund a down payment on a property.
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11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.