
5 January 2025 | 10 replies
Every market in residential zoning has an expiration date, we just don't know what it is yet.The obvious solution is to buy in already regulated areas with tourist/commercial zoning.The returns are lower, but at least they can't go to zero overnight.

3 January 2025 | 7 replies
So the lower the interest rate on the subject to loan, and the higher the prevailing rate, the more chance that a lender will initiate action.

6 January 2025 | 2 replies
I've sent letters to the owner on tax roll.

7 January 2025 | 28 replies
We did get much lower costs when we changed to minisplits but the initial cost is high.

8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.

6 January 2025 | 8 replies
If you use a DSCR loan you could maximize the equity you could take out while still breaking even on the mortgage + taxes + insurance.

1 January 2025 | 2 replies
What are some other emerging markets maybe with a bit lower to cost to entry for a BRRRR strategy?

5 January 2025 | 24 replies
As a general rule, I tend to vote against anything that favors rent control and will increase property taxes.

4 January 2025 | 9 replies
@Hellen Sut in Michigan, once we have a money judgment, we try to garnish: wages, bank accounts and their state tax refund.

6 January 2025 | 8 replies
The technicals (migration rates, job growth, tax situation, debt cost, etc) to work as well.