
11 November 2024 | 12 replies
That guy suddenly owes $250k in taxes plus penalties and fees.

10 November 2024 | 5 replies
No fees, listing fees, etc.

11 November 2024 | 10 replies
You have not pulled together a financial plan.3.

13 November 2024 | 9 replies
Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.

14 November 2024 | 11 replies
The cool thing about DSCR loans, is that different lenders have significantly different rate spreads, so shopping it could be beneficial for you to save on rate and fees.

13 November 2024 | 23 replies
@Jacob Sherman We have a partner that is going to sign on off the loan docs in exchange for a piece of the fees or a piece of the GP ups, still negotiating.

12 November 2024 | 7 replies
It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!

12 November 2024 | 8 replies
While you will likely discover some good ones, in my experience you will find people more invested in marketing and gathering fees from your investment then mastering real estate operations.

11 November 2024 | 2 replies
If so you need to find out if you don't already have that expertise as to who will lend to them, what their requirements will be, and what kind of leverage they can expect, and what the fees will be.

9 November 2024 | 1 reply
My initial thought is to invest this into the stock market (Amazon, Tesla, Google, etc...) and keep doing that for the next two distributions as well, ultimately pulling it all back out, plus the earnings (hopefully) in 3 years time to purchase a house.Based on the plethora of experience in these forums, does the above sound like a good plan?