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Results (10,000+)
Devin Basile Self Directed IRA
29 May 2024 | 5 replies
- What does your RE attorney and tax preparer need to know before you purchase a property in a SDIRA's LLC? 
Mitchell Rosenberg Pros and Cons of Buying a Fixer-Upper in Today's Market?
28 May 2024 | 2 replies
Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.
Jeff S. Living off rentals
31 May 2024 | 187 replies
What else do you need once you have good food and great weather and a sandy beach. 3k is certainly a good feeling and someday if you choose it could grow with less debt if you did nothing else.
Ryan Cleary Have a tenant that is $150 short (Florida)
30 May 2024 | 33 replies
So, if this makes you nervous you may not be prepared for more difficult situations. 
Gary Freidman Smartland in Ohio
29 May 2024 | 22 replies
I purchased my second turnkey from Smartland in November 2015 and I am preparing to hopefully purchase my third soon.
Heather Rummel House hacking a single family residence
28 May 2024 | 6 replies
Read as much as you can, take notes, and prepare yourself.
Cameron Davis I’m thinking of using my rental as a sober living house
27 May 2024 | 28 replies
I've been through it I know the process I know the procedure I know how to help and I know how to actually have them succeed instead of failing or going back to their old life because they feel like they can't make it because of no help or guidance from that house and also when you don't have food and you're in the recovery house and halfway houses will give you food will have house food sober houses are different because they don't have much food for the house you have to provide that yourself and you don't have clothes it's all very stressful and figuring it out with no help on the outside world sucks but I would only make one meeting a week and the rest of the time I would make them do the nightly meetings daily meetings with the house have it set up where they have to work on themselves daily Yes they do have to find jobs during certain times during the day and be productive and show their productiveness every day and where they applied and what they did and have other programs other people available 10 agencies whatever can be agencies temp agencies to assist in putting those persons in a job right away at least have something to focus on I couldn't find a job in Pennsylvania I applied everywhere nobody wanted to hire me so there's a lot to this scenario but three to five meetings a week is ridiculous because that takes up too much I'm an energy I would focus on another route another way of making them successful and making them educate themselves in another way instead of focusing on the addiction because then you want to go back to using 
Joshua Wofford Tips and advise for becoming a landlord.
27 May 2024 | 1 reply
Assemble as much money as is reasonable, be prepared and enjoy the ride.
Lynne Castillo Paperwork for a private loan
27 May 2024 | 3 replies
Nor will a title company provide a complete loan package.Your friend needs a lending attorney to prepare a set of loan documents.
Paul Novak Dealing With Neighbors
25 May 2024 | 12 replies
Many people in the area use these deer for their food.