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30 January 2025 | 8 replies
BTW, I am not disputing you, just playing devil's advocate and wanting someone to challenge my thinking.
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4 February 2025 | 2 replies
What are my next steps I should take as the property owner prior to court proceedings?
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27 January 2025 | 4 replies
@Pratik as @Neil Narayan mentioned, cash flow is very challenging due to the property values, property taxes, and soft rental market.
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5 February 2025 | 69 replies
Pretty, as others have stated here, the permitting process through the City of Cape Coral has been hindered by their ability to scale up their staff to handle the massive demands for all permitting including new construction but also anything else that requires a permit, home improvements, sea walls, alternative sea walls, pools and more.From your post, I can see that you are frustrated, and I believe some of that is due to not understanding the steps and processes of new construction, including what must be done prior to submitting permits.
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7 February 2025 | 1 reply
Constructed using all cash, the next steps are to refinance out of the project (Need assistance in doing so) How did you add value to the deal?
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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3 February 2025 | 4 replies
Could someone break it down step by step for me and explain why yes or why no and if yes how would someone like me with little money get it done and profit from it.10 unit multifamily investmentI look forward to learning from someone that has done it.
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6 February 2025 | 8 replies
From my experience, taking it step-by-step has helped me avoid mistakes and build a solid foundation for the long term.
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5 February 2025 | 9 replies
When it comes to the STR game, differentiation is critical, and that can be challenging with a 550 square foot oceanfront condo.
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29 January 2025 | 7 replies
For those just starting out: keep taking consistent action and small steps.