
9 December 2024 | 6 replies
If you only plan on owning 2-4 properties, then there's really no harm in self-funding them unless you know a better, safer way to make more than the going interest rate on that money (most investment mortgages right now are about 7%, maybe effectively 5.5-6% after taxes depending on your brackets and tax structure).

14 December 2024 | 5 replies
Seems like the few people I talked to that are selling land in Florida are trying to sell it above retail without understanding that most of their potential buyers are going to be builders. do Not buy land in FLA without doing full due diligence on all aspects . there are environmental gotchas that you need to fully suss out prior to waiving due diligence

17 December 2024 | 14 replies
This is often easier in lower tier markets where the appraisals are not indicative of how the property would sell in an arms length transaction.The other risk you run is over extension.

16 December 2024 | 3 replies
Quote from @Pat Arneson: Yes, sometimes they have a ton on their plate and need to sell some off, and sometimes there is a better spread in their eyes wholesaling the deal verse flipping it.

15 December 2024 | 9 replies
I can’t make someone sell their property, some people will not be reduced to a dollar amount.

19 December 2024 | 13 replies
I clean it up a little and sell it for more and a higher interest rate.

6 December 2024 | 9 replies
A couple options… 1) Coast as is until March for better selling season, more buyers, higher price. 2) Raise the rent at least half way to market.

18 December 2024 | 9 replies
Besides we're hospitality people, not selling property or leasing it long term, and somewhere along the line a few states got their definitions very very mixed up!

18 December 2024 | 11 replies
I buy and sell and also buy and hold in Pittsburgh and this is about the average.

16 December 2024 | 43 replies
Hang on to it for 5 years and then sell.