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30 September 2024 | 6 replies
I currently own a lot of land in Miami florida and its worth around 50k. im looking to pull out 15-20k in equity but cant seem to find anyone that loans on land assets. let me know BP fam
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30 September 2024 | 46 replies
You have gotten some great advice already in here but I will touch on the guest experience portion and local partnerships.My tips for guest experience:Have a digital guidebook explaining everything inside and near by places to visit.Record a YouTube video of yourself touring the property and showing the details of working things.
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29 September 2024 | 5 replies
You can either continue the depreciation schedule from the property sold, and create a new fixed asset for the additional amount invested to obtain the property (Two Depreciation method), or you can opt to treat the new asset as one asset (Single Depreciation Method).
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27 September 2024 | 10 replies
As @Robin Simon noted this deal is going to be too small for most DSCR lenders as their min loan size on these are $250,000-$500,000If the property is not rural and you need to do a DSCR based loan, I have an option with a minimum loan amount of $100k however the rate will be in the double digits.
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3 October 2024 | 26 replies
I don't want to be stuck in a property but I also don't want to keep paying these outrageous 1BR/2BR apartment rental prices when I can have a home of my own for $100 - $200 more a month and actually own the asset in the long run.
1 October 2024 | 10 replies
When you say a man in debt is a slave, are you referring to debt used for personal items, or are you including debt used to acquire income producing or capital appreciating assets also?
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30 September 2024 | 5 replies
Acquisition fees, refinance fees and Asset management fess are 0%.
28 September 2024 | 19 replies
@Philip Muka have you explored/researched the "asset island" method?
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26 September 2024 | 5 replies
Each door has a digital lock, along with the front door.
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25 September 2024 | 4 replies
Other assets or businesses?