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3 December 2024 | 15 replies
The 70% LTV and 3% origination cost you mentioned are typical, but they can definitely vary depending on the lender and the specific deal.Regarding the LLC or Trust, you're right, it's a good idea to explore those options for asset protection and potential tax benefits.
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28 November 2024 | 26 replies
So percentage wise Jacksonville has seen a crazy amount of new supply being delivered which has affected rents.We also manage a portfolio of new construction homes in Palm Coast and Palm Bay and rents for those homes have dropped $25-75 depending upon floorplan and submarket and they’re taking longer to lease up compared to 2 years ago.A lot of Florida is having similar issues of stagnating or dropping rent, but it definitely depends on market, submarket, asset type, etc.
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4 December 2024 | 18 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
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25 November 2024 | 10 replies
I’m wondering if anyone is aware of good real estate meetups in the DMV area?
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29 November 2024 | 9 replies
there are definitely states that require MLO licensure to do any loan on a 1 to 4 unit.. about 15 states require it .. the others dont as you suggest.
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27 November 2024 | 3 replies
I was wondering if the BP community here could help us with my ADU queries.
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28 November 2024 | 8 replies
If you're going to self-manage you should definitely pick market(s) that you are familiar with.
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3 December 2024 | 16 replies
Fast solutions have slow problems.This definitely includes any risk-on investment.
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26 November 2024 | 1 reply
Additionally, I’ve been wondering if it might be possible to create an LLC, rent my house to the LLC through a formal contract, and then have the LLC operate the Airbnb.
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3 December 2024 | 19 replies
With that said, I was wondering if these apps would be beneficial to us, especially since many of them come with a monthly fee.Given that we already have a shortlist of areas, do you think investing in one of these tools is worthwhile at this stage?