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18 November 2024 | 13 replies
Myself, I would stay with the numbers in front of me that have proven to be profitable.
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12 November 2024 | 1 reply
Ultimately, Lawton could be appealing to cash-flow-focused investors comfortable with high-risk, high-reward environments and looking to leverage a reliable rental base tied to Fort Sill.
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19 November 2024 | 21 replies
I also help out of town LLs with consulting services to stay on top of their properties here.
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21 November 2024 | 11 replies
I generally tell people to stay away from these guru groups and courses as well.
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20 November 2024 | 11 replies
@Stephen Hood your idea is solid and shows good potential, but here are a few things to consider:Private Lender Terms: Ensure the lender agrees to the 1% origination fee and $2K monthly payments—some may require a higher interest rate or balloon payment at the end.Timeline for Sale: Factor in potential delays with selling your current property or completing renovations on the new one, as these could impact your refinance timeline.Refinance Feasibility: Confirm with lenders that refinancing at $500K is realistic, especially after recent rate increases and appraisal expectations.Exit Plan: Have a backup plan in case the market shifts or repairs take longer than expected, such as extending the private loan or bridging with a HELOC.If you can lock in favorable private loan terms and stay realistic about costs and timelines, this could work well.
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13 November 2024 | 7 replies
So my questions to the community:1-Does anyone have experience with this process of obtaining a Letter of No Objection and could advise whether I could go at this alone or would recommend staying with an Expediter?
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20 November 2024 | 11 replies
c) how could I build out at least 1 ADU while I was renting out the rest of the house so I could have a place to stay?
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19 November 2024 | 11 replies
Which is why I think focusing on one thing at a time vs to many will help me stay organized.
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15 November 2024 | 2 replies
We were boing to BRRRR in Ohio but decided to hold off on that as we didn't feel comfortable managing it from this far so held off on it.
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23 November 2024 | 40 replies
How do they know if this is an owner stay that you blocked on your website, and it pushed over to Vrbo?