
20 October 2024 | 84 replies
Personally my stock portfolio (mostly very safe, set and forget/ "lazy portfolio", un-speculative "aristocrat stocks" and some basic high dividend yield ETF's like Vanguard's VYM which pays 3% dividends and has a 30 yr. average compound return of 10%) is doing much better than if I were to use those funds to pay down my very low interest, not at all over-leveraged real estate debt.

20 October 2024 | 10 replies
I'm wondering if a 1.2x for MTR rates is doable and what general/average rental time period is.c.

20 October 2024 | 14 replies
I deliver a first rate, top of market product and rarely do I see my properties sit longer than a few weeks.

15 October 2024 | 14 replies
When I talk to loan officers they say a DSCR loan would be ideal for even a newer LLC because it's more about the numbers on the deal as long as you have the cash for the average 20% and whatever points down.

19 October 2024 | 16 replies
And, assume that rents increase by 2%/Yr and inflation averages 5%/Yr over the expected hold period, which I will assume is 20+ years.

20 October 2024 | 32 replies
Another thing be prepared to spend rehab dollars to fix it up for rent or resale after foreclosing.My experience for average tax deed rehab for rent is $5-15K. rent for $900-$1000/month.winning bid amount $14-32K.Rehab cost for sale; cost between $25-92K , sale for $90-250K, winning bid amount $15-60K.

21 October 2024 | 18 replies
The long-standing rule of thumb average cash flow in the Midwest has been $200 per door.

17 October 2024 | 21 replies
If the end product is similar to conventional construction, and is compliant with applicable building codes then I think you're good to go.I think you should also consider where you might start.

18 October 2024 | 0 replies
Since then, average 30-year mortgage rates have RISEN by 50 basis points to around 6.60%.

18 October 2024 | 7 replies
Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.