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2 November 2024 | 11 replies
I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.
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6 November 2024 | 7 replies
Make sure your lease stipulates its a "shared property" and list all the rules to make sure they toe the line, garbage, one vehicle(where parked), noise, no personal items in yard, everything you can think of or choose/whatever.
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6 November 2024 | 12 replies
I would recommend that you screen your tenants and have them complete a background check with a company of your choosing and not just accepting Zillows in house background check that some of the tenants already have.
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6 November 2024 | 4 replies
Is your end goal to have CF or equity?
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9 November 2024 | 87 replies
For the last 20 years the Federal Reserve's dual mandate has been to prop up both the SP 500 and the Nasdaq, not its purported goal to maintain price stability and maximize employment. 5 days ago a collection of Democratic senators wrote a letter haranguing Jerome Powell and asking him to cut by 75 basis points.
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6 November 2024 | 2 replies
The HELOC may or may not disappear, but it will likely be "extinguished" from the property title after auction.After a first mortgage lender forecloses and it's lien is paid off with the proceeds from the sale, any surplus funds from the foreclosure sale are distributed to creditors holding junior liens, like a second mortgage lender or judgment creditor.And by the way, YES you should serve notices prior to entry just to be safe.After you acquire the property, what is the goal?
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4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.
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5 November 2024 | 10 replies
I'd love to learn more about your goals so we as a BP community can offer advice and guidance.
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5 November 2024 | 34 replies
Even if your town or jurisdiction has regulations, the HOA can choose to pass rules that are more restrictive.
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4 November 2024 | 12 replies
I'm reading up on books and articles on how to do this but sometimes it's easier to join social groups or talk to people close to me that have done it before.Right now my goal is to get pre-approved for a loan and to learn from others.