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5 November 2024 | 29 replies
But, the cash manager can't get the mortgage pay down back unless it is a credit line, credit card or Heloc, so there is then the option of higher interest paying cash accounts.I'm not much for debt preferring cash funded investments, but most investors have tiers of debt that can be offset even if only for a week or month from credit lines, HELOCs, even credit card debt.
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6 November 2024 | 5 replies
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.
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11 November 2024 | 65 replies
I was never licensed and never wanted a license.I don't like being held to a "higher standard" lolIt's cool being able to tell Wise that he is a wanker and not get in trouble by the division of real estate for doing so haha.Also, you can market and sell what you own without having a license.PM is a different story and as you mentioned mate, an officer of the company has to be a broker in order to satisfy the division of real estate.We are actually double d#$%ing and have two brokers as officers as the division didn't like that our broker was in Florida so now we had to get one in Toledo also.If only I was a whistle blower, could make a nice buck as I know of at least 2,000 units illegally managed in town by folks without a license or broker.🤷♂️ thats why we worked together on deals..
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5 November 2024 | 11 replies
One consideration is your expenses are higher and you do have the cost to furnish, so it's not all sunshine and roses, but if you buy it right you can do really well.
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4 November 2024 | 24 replies
I haven't seen what they are advertising but there is definitely a much higher rent with them.
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6 November 2024 | 6 replies
She says she notices it in bed and has to put the bed a certain way (like with head on higher part).This doesn't seem to be enough of a problem where any part is unlivable or that requires immediate attention, but the main jist of this post is, where would I start or what type of business or contractor could I start with to find out about this?
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5 November 2024 | 1 reply
Investors looking for fix-and-flip or rental properties find it easier to maintain occupancy and higher property values in these areas, even outside of peak seasons.Why Less Seasonality Matters for Real Estate InvestorsFor real estate investors, markets with less seasonality can offer significant advantages.
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4 November 2024 | 10 replies
Also the rental income of the units will allow you all to qualify for a higher loan amount.Best,Jamael RomansUnited Mortgage Corp LenderWoodbury NY
3 November 2024 | 0 replies
These improvements not only enhanced the property's appeal but also attracted higher-quality tenants.
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6 November 2024 | 10 replies
I think higher values are inevitable but election, fed policy, inflation, etc. will dictate and what pace.