
28 May 2024 | 4 replies
My brother's rental is a little over 1,000s sqft heated living area, so the ADU would only be permitted for 500 sqft in Winston-Salem, according to information I found online .One advantage of an ADU I believe would be the ability to hook up to the primary residence's utilities.

28 May 2024 | 2 replies
After running rental numbers I cant seem to find a property that cash flows utilizing the LTR strategy.

28 May 2024 | 2 replies
Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

28 May 2024 | 1 reply
You must be a US real estate investor in order to utilize the 1031 exchange.

29 May 2024 | 64 replies
Sounds like my best bet is to show tenants how to turn off utilities in case of an emergency (which I do in our beginning walk-through), check messages even during my off hours--and not worry about what happens while I sleep.

28 May 2024 | 8 replies
Has anyone started utilized AI & ChatGPT into their business?

28 May 2024 | 0 replies
Have you utilized any of these strategies?

26 May 2024 | 8 replies
Hope I can explain this well enough. Background....I invested in two DST's in Jan of 2022. When I received my 2023 taxes back from my tax preparer, I noticed that they included income from the DST's but did not incl...

28 May 2024 | 15 replies
They can reduce utility costs and make the property more attractive to eco-conscious tenants.4.

28 May 2024 | 9 replies
I definitely intend on utilizing the amazing resources they have here to build my team out