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3 February 2025 | 5 replies
Instead of selling the home, you could continue to rent it at market prices either to the seller or a new tenant once the initial lease was complete.
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19 February 2025 | 4 replies
The fees and overall costs of these loans needs to be a key factor including what if the project goes over time . . . . you can be underwater in no time.Underestimating repair costs and overestimating ARVs based on Zestimates are the next stumbling block.There's money to be made but make sure numbers all work WITH contingencies defined and overages expected . . . remember, a project will always cost more and take longer than initially thought!
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22 February 2025 | 7 replies
One investor I know had a Section 8 tenant initially but chose not to renew the lease in order to bring in a more qualified tenant and increase the rent.You’re in the right place to connect with like-minded investors who have walked a similar path.
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14 February 2025 | 4 replies
Only other initial question I'll leave here is that I'm looking for REI mentors and hope to find a few on BP willing to share a few gold nuggets to those willing to slog it out in the mines the smart or hard way.
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20 February 2025 | 20 replies
They have twice given me notice that they were prepared to initiate eviction proceedings at the owners request, due to late or incomplete payments.
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11 February 2025 | 4 replies
Freddie SBL offers 5-10 year fixed rate options, as well as 10-20 year "hybrid ARM" options which start with an initial 5-10 year fixed rate period, followed by a 5-10 year floating rate period.
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10 February 2025 | 1 reply
This week, two critical economic reports—the CPI inflation report (Tuesday, February 13) and Initial Jobless Claims (Thursday, February 15)—will provide new insights into whether the Fed will stay on its current path or begin signaling rate cuts.Real estate investors looking to finance new deals, refinance existing loans, or time their next acquisition should closely monitor how these reports shape market expectations for the Fed’s next move.Current Market ConditionsMortgage rates have remained stubbornly high due to persistent inflation and a strong labor market.
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4 February 2025 | 10 replies
.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
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20 February 2025 | 2 replies
If you are all in $200k into a property and it is worth $350,000 after repairs, then you should be able to receive all of your initial cost on a refinance using the new appraised value.
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11 February 2025 | 3 replies
If you want to be generating leads from a website, SEO will help with credibility and long term visibility, and an attractive website will also help with building credibility and trust too.