An assumable mortgage is effectively a 'portable' loan.

It sits right on the end of Lake Erie and gets ALL the lake effect snow.Not a show stopper, they know how to deal with snow and weather in Buffalo, but it is something to work into your numbers when you are doing your due diligence on a property.

As with any real estate transaction, it's crucial to have clear agreements and legal counsel to navigate the process effectively and protect your interests.

Be sure to factor in the effect of Unrelated Business Taxable Income (UBTI) if you borrow money (non-recourse loans only) to purchase the property by the self-directed IRA. 

It's an area where some struggle (especially in the beginning), but it's certainly overcomeable - and it's something that can definitely get easier when you get more established, learn how to advertise effectively and build up a buyers list.To put it as simply as possible, I'd say it's ultimately a matter of:Buying the right properties in the first place.Offering a compelling price point (which usually isn't hard, if you buy it right).Compiling the information well (with good images and descriptions).Getting your listing in front of as many eyeballs as possible (and keeping it visible).If you're able to, provide the option for seller financing, so buyers have more ways to buy your property if they're unable to get the cash from another source.Does that make sense?

s, first rent of the newly created unit must be equal to the combined rent of the two previous RS units..in addition, newly created unit will still be regulated, NYS senate just passed bill S2980C..Substantial rehab is the only remaining strategy, which is not cost effective in the current market

Hello, Albert Lubin, the 50% rule is a general guideline used by real estate investors to estimate the operating expenses (OpEx) of a property as a percentage of Effective Gross Income (EGI).

@Bruce Woodruff:Its not about saving money.. that just happens to be the coincidental effect of sourcing for your own materials and labor.

If you're going to own what is effectively a vacation home that is shared with guests that enjoy the outdoors, the Oregon Coast offers a little bit of everything from surfing, golfing, fishing, hiking and investing..The bull's eye for STR investment in general is shrinking and constantly moving.

Hi Tim,There are several effective strategies and resources you can use to stay informed about future development planning in your area, without solely relying on attending city council meetings:City Planning Websites: Most cities have planning department websites where they publish upcoming development projects, zoning changes, and long-term planning documents.