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19 October 2024 | 7 replies
I got mine at Costco and it has been reliable and has great range.https://www.costco.com/tp-link-deco-axe5300-wi-fi-6e-tri-ban...It goes on sale pretty regularly.
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23 October 2024 | 8 replies
A simple 5% return per year gets you $50k/year...and you still have the $1M to adjust to inflation by reinvesting into different vehicles along the way.Focusing on taking the long term returns ($$$/year) can be a better choice, but you have to look at the long term impact with all your options, compare them, and then make a choice.Do you think they teach that in school now?
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23 October 2024 | 16 replies
Then the Disney area may be a good fit.But if you watched some youtube channel with someone, who seems to get a deceitfully large percentage of their info from selling courses, preaching the dream of massive upfront cashflow that you can then leverage into another down payment next year and so on while exponentially increasing your wealth so you can quit your job and live on the beach in Aruba, Disney is the wrong market for you unless you're willing to invest substantially into super tippy top end theming.The good news if you're in the former camp is that prices have come down quite a bit here compared to most of the country with all of the saturation/competion.
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23 October 2024 | 13 replies
Also in many instances that I have seen the fees are very high for managing the investor pool and the property management and the returns may be comparable to a CD with the risk.
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22 October 2024 | 6 replies
You might put down 10-20%, which can be easier to manage compared to traditional financing.A motivated seller can be open to different terms, especially if the property has been sitting for a while, so just be creative and make sure the deal works for both sides.
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23 October 2024 | 9 replies
Also show market analysis of both inventory and rent rates compared to your plan.
21 October 2024 | 9 replies
This is especially helpful if you plan to continue investing and don’t want multiple mortgage loans affecting your credit report.Streamlined Process: Since DSCR loans are focused on the property’s cash flow rather than personal financials, the approval process can be quicker and less documentation-heavy compared to traditional mortgages.If you want more info or need help getting started, feel free to reach out!
21 October 2024 | 1 reply
The appraiser looks at the sale price of comparable properties, the size of the property, and other factors that may affect its value.Home inspection: A home inspection is a comprehensive evaluation of the property’s condition.
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17 October 2024 | 4 replies
What if the county (or city in my case) has a very low percentage for land compared to the total.
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19 October 2024 | 4 replies
If they push back and insist it's a misunderstanding, give them a list of your problems and what they would have to do to prove the information is reliable, then give them one opportunity to apply with additional information.