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14 May 2024 | 4 replies
I would get a google voice number to give out to tenants because I can control when they rings and when I receive messages etc.
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14 May 2024 | 21 replies
What matters is positive and growing NOI, controlled interest expense, and controlled capex and improvement costs.
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14 May 2024 | 8 replies
Absolutely, Clearwater definitely has tighter controls on short-term rentals compared to Tampa and St.
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14 May 2024 | 15 replies
Even if California will not relent on adjusting emission control standards, and the more than 1,000 supplemental workers at the Stellantis Toledo Jeep plant who are expected to rise to full-time permanent status are laid off, on balance, local incomes are rising.For the vast majority of individuals, a home is the largest single investment of a lifetime.
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13 May 2024 | 9 replies
Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan partner after 6 months and then LLC has only one member which is me and I control that propertyAnyone done this or a variance of this?
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13 May 2024 | 12 replies
Or do you want control?
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14 May 2024 | 10 replies
You can dive into the specifics of that here if you'd like to see why they jumped so high YoY.What I'm saying is, HOAs are a lower entry point of course, can be lucrative if you analyze the deals as traditional long term rentals....BUT, you ultimately have little to no control over specials assessments, HOA fee increases, and even rule and regulation changes that can impact your investment.
14 May 2024 | 2 replies
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
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13 May 2024 | 9 replies
Your return is tax advantaged and also you have more direct control over the investment.
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13 May 2024 | 16 replies
when your dealing with a borrower with experience...its not wise to control the Construction, Its not smart to smudge HUD's (i took myself, title and attorney days to figure out my closing cost went from 25k to 40k)...later to find out most of it was in fees and paying 12 months in advance of mortgage payments.