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21 November 2024 | 39 replies
Most times you don't hear people saying they've needed it, because they got it so it never escalated.
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16 November 2024 | 24 replies
Also, since they have written so many more in recent years than ever before (historically speaking) the problem will only escalate as more and more homeowners come to realize all their equity disappeared into these when they go to sell.
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14 November 2024 | 3 replies
Hey Austin,This type of information is tremendously helpful.
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13 November 2024 | 5 replies
Agents may also have macro data on historical data, local median sale prices, absorption rate, etc to help with your analyses and projections.Networking/build a team: Attend local meetups, virtual meetups and stay active on forums like this.A lot of this will be done in front of a PC unfortunately but if you cut out the noise, you'll be able to maximize your time.Lastly, something that has helped me tremendously with respect to focus and improving efficiency is the pommodor technique.
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14 November 2024 | 12 replies
Hey Sahara,Given your situation, there are a few immediate actions you can take:Continue Negotiating with PennyMac: Request an urgent escalation of your case.
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9 November 2024 | 7 replies
Many states allow landlords to enter the property with appropriate notice (often 24-48 hours) for repairs, even if minors are present, as long as it’s done respectfully and with prior notice.Discuss Lease Terms and Future Considerations: If this continues to be a recurring issue, consider including a clause in future leases addressing tenant responsibilities for cooperation with maintenance and repairs to avoid escalating issues.
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14 November 2024 | 40 replies
prices are high, interest rates are high, there is tremendous demand for inventory by both retail / primary buyers and investors, good contractors are booked up, some materials are still expensive. ' can't we just be honest that (1) if you are in a strong financial position, then yes, RE is still a good investment and ALSO (2) it's way more difficult than it was in 2016?
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26 November 2024 | 86 replies
Have sold 4 of them at a tremendous profit.
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12 November 2024 | 171 replies
But the right leases and tenants can mitigate some of that over long time with rent escalations, renewals, etc.
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14 November 2024 | 30 replies
you say that you "were told to" get an STR for tax purposes, which seems odd, and that you only have 30-40K... and you might use HELOC money to help with the down payment, which will just put tremendous pressure on you to be profitable and support all of the debt.unless i am missing something i would back up and regroup before you buy a random STR in a random market and hope it supports all the debt you will have to have...