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20 January 2025 | 3 replies
He gave me the owner's number (Jeff) and I called him on the spot, hoping to be able to offer my services to help him find and sell more homes in the neighborhood.
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13 February 2025 | 10 replies
I've helped a lot of investors in your area, and I find that many of them end up purchasing rentals in the Central Valley for the very reason you mentioned.
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20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
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21 January 2025 | 1 reply
I could take look at it for you, and help you understand it if it's a standard lease, no need to pay me, although I am not a lawyer.
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27 January 2025 | 18 replies
The more junior sponsors are seeking more of the first two bullets; but fortunately you're also yield-seeking as a non-accredited investor so there is alignment.
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3 February 2025 | 0 replies
BP COMMUNITY I’m Christopher Espinoza ,I'm based out of Long Beach, CA and I’m passionate about helping homeowners in Detroit, Mi.
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14 February 2025 | 4 replies
Knoxville specifically has some rules regarding STR in the city limits, county is a different set of rules (little more lax).
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26 January 2025 | 30 replies
I agree that working with people is easier and more cost effective than the alternative.As I read this, I'm considering creating a Cash For Keys written program that I can give my tenants at lease signing to remind them to come to me rather than just stop paying.
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23 January 2025 | 0 replies
Here is a comprehensive guide to help out-of-town parents navigate the process effectively.1.
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27 January 2025 | 12 replies
Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!