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14 January 2025 | 18 replies
Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.
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21 January 2025 | 6 replies
Since New Jersey is very tenant friendly I wanted to know if anyone has had a successful experience with actually getting your tenant out within a few months?
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16 January 2025 | 2 replies
Anyone have experience renting a Non-Conforming triplex unit that meets Code through Section 8?
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10 January 2025 | 28 replies
One thing lenders want you to have is experience.
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15 January 2025 | 6 replies
If so how was your experience?
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16 January 2025 | 1 reply
Please feel free to send me a P.M.
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19 January 2025 | 9 replies
This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr.
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16 January 2025 | 2 replies
I would need more info to really help, but feel free to reach out to me any time.
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15 January 2025 | 3 replies
@James SillsFrom my experience working with investors, transitioning from residential to commercial real estate (CRE) is an exciting and achievable goal with the right foundation.
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20 January 2025 | 6 replies
@Kegan SchollFrom my experience, if you're a 22-year-old house hacker, Texas and similar markets can be great for room rentals thanks to population growth, strong demand, and tourism.