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22 January 2025 | 0 replies
The rental market is a dynamic environment, and one constant is change.
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19 January 2025 | 2 replies
Parking lots, truck, parking lots, RV and trailer storage, storage units.Does anyone have good information on how to perform market analysis for these kinds of investments?
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21 January 2025 | 8 replies
Unless you've done substantial improvements to the building or used a large down payment when buying, it's unlikely this will work.Perhaps your best move is to find a new primary residence that is 2-4 units and repeat the process.
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21 February 2025 | 102 replies
Hoping that cash flow will improve substantially as this is going to be a big part of my retirement.
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23 February 2025 | 107 replies
Has anyone had experience with Jerry's marketing program using Craigslist and VA's?
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23 January 2025 | 16 replies
If I leave this amount in Sch-E, I get taxed at ordinary income tax rate at Federal and State level, which along with my regular W2 income can be substantial.
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27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
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24 January 2025 | 6 replies
Over priced, layout is awkward, junky neighbors, back on market/under contract multiple times, bad photos, bad timing(got buried from other listings, weather occurrence, etc).
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28 January 2025 | 1 reply
There is a lot of discussion about what jobs will be lost and created with AI. There is discussion that eventually no jobs will be necessary which is an entirely different discussion. I can think of some obvious cit...
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16 January 2025 | 0 replies
Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.