
15 October 2024 | 3 replies
It got so bad that 76% of all U.S. homeowner lawsuits against insurers occurred in Florida.

15 October 2024 | 2 replies
Should I just sell the renovated home and the lots and take the win, or manage the building of the duplexes and go for a bigger win over the mid-range (while taking on the risk that things go badly or the market shifts)?

16 October 2024 | 10 replies
. $70k is quite a lot where things could go bad imo.But to comment on the other thing:> on the first - maybe. it does seem like you have good experience. but your numbers on it as a BRRRR are overly optimistic. you'll have to pay points at closing for the loan; you'll have holding costs while you rehab; it's difficult to get an 80% refinance; and refinances aren't free either. so you've left tens of thousands of dollars in costs out.So, we have already talked with the hard-money/bridge lender about all associated fees (1.5% origination, $2500 closing), they are included above.

15 October 2024 | 3 replies
It might be grounds for termination of the lease.Personally if I saw the condition was that bad I would try to negotiate an early lease termination.

17 October 2024 | 9 replies
Hey @Dan DeGroffBuying as an investment property with a 0.75-1.0% higher interest rate and needing to put a minimum of 20% down (its actually 15% but the rates are so much worse at 15% that its not really an suitable option) when the home would actually be your primary residence is brutal.Partership are a bad idea 80-90% of the time, but could work out in some scenarios.

17 October 2024 | 14 replies
You just get used to it and hope next year won't be as bad as this year.

14 October 2024 | 2 replies
Option 1 just gets you out from under the bad situation you created for yourself which is better than eventually losing the property if you cannot pay. 4.

15 October 2024 | 1 reply
Are these terms typical for cell tower leases or are they as bad as I think?

16 October 2024 | 14 replies
I do not personally have a bad experience yet, but my real estate mentor has been in legal battle for about two years trying to dissolve partnerships with his closest friends from back in elementary school.

14 October 2024 | 3 replies
While cash flow is $300 a month (which isn't bad as I assume it has a mortgage), where you will make your money is when you sell through appreciation.