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23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).
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21 October 2024 | 24 replies
They may be entitled to compensation regardless since you are in LA County.
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23 October 2024 | 11 replies
And legal advice, you can not be compensated for raising capital unless you have a broker dealer licenses.
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21 October 2024 | 10 replies
The property must generate $5,712 ($9,037 - $3,325) more cash flow annually to compensate for the higher operating costs in Texas.Overhead costs have a large impact on cash flow.Property Price GrowthAccording to Zillow:Average San Antonio single Family home prices decreased by 2.9% YoY.Average Las Vegas single-family home prices increased by 6.5% YoY.San Antonio and Other Texas CitiesThe challenge with San Antonio's appreciation and rent growth is its unlimited room for expansion.
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19 October 2024 | 3 replies
I would also charge a lot more than I would for a residential rental.Honestly, I wouldn't recommend it unless you've really studied it and understand how to protect yourself and earn fair compensation.
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20 October 2024 | 8 replies
If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.
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18 October 2024 | 13 replies
Whats the loophole to offer compensation legally?
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25 October 2024 | 33 replies
(I am getting pretty tired myself sounding like a broken record).Direct mail marketing works SO poorly, you need to send THOUSANDS of mailers, AND you need to send these thousands of mailers SEVERAL times to get a deal.So:BECAUSE the performance is SO low you need to send thousands to COMPENSATE for its poor performance AND hit the receivers several times BECAUSE the performance is so low to get a deal.Conclusion: "Direct mail marketing works"WHAT THE HECK?!
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24 October 2024 | 10 replies
Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.
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18 October 2024 | 3 replies
They should be compensated for the cost of a place to live.