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14 September 2024 | 26 replies
I self manage and I hold myself accountable to each property's success.
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17 September 2024 | 8 replies
(Many syndicators are selling at a loss right now because they did not account for these things.)
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13 September 2024 | 3 replies
I realize that a full feasibility study will most likely be required if I move forward with an LOI and purchase contract.
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14 September 2024 | 8 replies
Our (buyer) bank when we received account information for the wire announced that this account was fraudulent all over the country's bank system.
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13 September 2024 | 4 replies
I'm one of the case studies in the BP book, The House Hacking Strategy.
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21 September 2024 | 71 replies
Thus everyone moving their money to high yield savings accounts and CDs right now.
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15 September 2024 | 11 replies
Well, the reasons given generally fall into two categories - either tax benefits through an “installment” sale or obtaining an interest rate on their capital greater than what banks are paying.In my 45+ years doing real estate deals, I’ve found maybe once that the tax argument was considered by a seller; further the “greater than bank rate” argument is completely irrelevant because - the proceeds of a property sale were never going into a bank account, at least not most of the proceeds.
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14 September 2024 | 6 replies
They are providing the money for the down payment and have in fact already transferred $100K to an account in my husband's name.
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15 September 2024 | 1 reply
It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.