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25 January 2025 | 18 replies
While they aren't the cheapest when you first buy them, Kwikset has locks that are easy to rekey without installing a new set of locks.
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20 January 2025 | 7 replies
Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.
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28 January 2025 | 14 replies
In the webinar, he stated he's been buying/selling MHP for over 5yrs and just recently he and his partners started the investment group.
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23 January 2025 | 10 replies
Secondly, I'd chat with a realtor and get some recs on lenders to truly see what you're working with in terms of buying power.
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23 January 2025 | 1 reply
Simply gifting him half the property now wouldn’t immediately allow him to claim the exclusion without fulfilling this residency requirement, I don't believe.One thought would be to use a HELOC to pull just enough equity out of the current home and use it to buy a smaller home, or at least the down payment.
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23 January 2025 | 165 replies
Who's gonna buy them?
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28 January 2025 | 10 replies
@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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21 January 2025 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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23 January 2025 | 7 replies
The VA and Fha loans have been able to do it but their strict appraisal guidelines make it tough to buy the often older homes in my market in Virginia Beach / Norfolk Area.
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20 January 2025 | 12 replies
There's a few opportunities to buy quads, tris, and duplexes.