23 June 2024 | 3 replies
A buddy of mine took even longer as his plans triggered an Environmental Impact Study.
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24 June 2024 | 11 replies
We have vetted the company and decided to pull the trigger based on great reviews and conversations with other investors.
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22 June 2024 | 5 replies
On the psychological front, it sounds like you are feeling some anxiety which may be triggering "W2" thought patterns, which in turn may be triggering anxiety about falling into an "analyses paralyses".
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24 June 2024 | 13 replies
1st of all corporations own less than 2% of single family homes, they have actually reduced thier share of buying recently, now investors continue to buy up properties, it’s just more mom & pop types, all that said the housing market is in an extremely strange place, I could make strong arguments for prices pulling back, reaccelarting, or being basically flat, the biggest thing I’d advise is looking at you payment, comparing that to what would pay in rent, figuring out how long you plan to be the house and making an decision based on that, generally in that under 400k price point, breakeven for buying a property seems to about 3-5 years if you plan to stay in the house longer than that, bite the bullet & buy, if not rent.
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25 June 2024 | 24 replies
The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.
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23 June 2024 | 29 replies
I encourage you to do a Google search/competitive analysis to learn what others charge LOCALLY (commission and fees) before you make a decision. 25% is extremely high for the Orlando market.
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23 June 2024 | 2 replies
As for selling with 10% down at 8% interest, you now have two title transfers that violate the due on sale clause and add complications to subject to “safeguards” that reduce risk if note is accelerated, if party in possession doesn’t pay taxes or insurance, and of triggering whatever system the lender has set up to notify them when a deed transfer takes place.
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23 June 2024 | 7 replies
It’s a bit extreme, but I follow a similar rule (about 50% over and under rather than 100%)
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23 June 2024 | 13 replies
Over the last 2 years that I've managed a short-term rental in northern San Antonio, I have experienced many small contractors that get so easily triggered, offended, and upset at me and my wife.
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23 June 2024 | 5 replies
If anyone has a template or an example of a medium-term rental contract they could share, that would be extremely helpful.