
29 August 2024 | 20 replies
Regular properties are probably in a better position because people always need a place to stay, and if I'm not mistaken back during COVID if you had a tenant who couldn't work you could call your bank and pause the mortgage.

29 August 2024 | 19 replies
I'm also not too keen on a partial note as I feel my position in the repayment if a default occurred would risk me losing it all, since all lawyer fees etc get paid first!

29 August 2024 | 3 replies
As I build my cash position, I may buy another, all cash, property in the next year or two.

28 August 2024 | 7 replies
I personally believe the positives of FHA financing far outweigh the perceived liability exposure many caution of and its one of the few circumstances where I wholeheartedly believe investors should prioritize FHA financing over purchasing properties in an LLC.

30 August 2024 | 8 replies
As far as positive ROI - I'd like feedback on the following items:-Switching to tankless hot water heater (current water heater doesn't look so hot)-Upgrading electric panel to a Span Smart Panel.

29 August 2024 | 16 replies
@Aaron MaxwellIf you are investing from out of state and aren't going to visit the city find an agent that's investor-friendly and ask them what areas you can find positive cash flow in and have devolvements going on.

28 August 2024 | 3 replies
With your background as a licensed agent and your extensive experience in both commercial and residential construction, you’re definitely in a great position.

28 August 2024 | 18 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

28 August 2024 | 0 replies
While overall sales are down, Macy's is seeing positive results in its targeted investment stores, which are outperforming the broader chain.The demand for Macy's real estate could signal opportunities for other struggling department store chains.

27 August 2024 | 3 replies
I found a number of positive reviews for this PM.