Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
Generally speaking though as long as payments are made most sub to are OK.. its the under capitalized buyer the buyer that is an outright crook and so on that makes these so dangerous for sellers.. there is no real danger to buyer other than getting sued by seller.
Angela Holm
Concidering my first investment property. (and it is out of state)
21 August 2024 | 10 replies
Someone else has warned about out of state investing and I would be very careful as you are quite a distance away so there is increased danger due to distance.
David Chance
Selling my rentals - Tax ramifications
21 August 2024 | 18 replies
Holding onto a property merely for tax considerations is a dangerous gamble.
Jeff Langley
Wood Fire Hot tub?
20 August 2024 | 28 replies
You are relying on guests to properly build and control a fire.There is no way I would expect guests to be making a fire and keeping in in control.If you are in the Rocky Mountain west, fire danger is a real thing and one stray spark from some green wood popping could create a wild fire.
James McGovern
Are Real Estate Agents Clueless on how to work with Investors?
19 August 2024 | 46 replies
Information is readily available, and I understand it can be difficult at times to discern the trash, the selling from the substance.
Naphese G.
What are you techniques on recording what you’ve learned?
18 August 2024 | 4 replies
Knowledge is great but in my opinion it’s useless if you’re not actively using it, and it could be very dangerous if you’re accessing wrong or old information to solve new problems.
Tim Lewis
Cleveland Property Managers
18 August 2024 | 29 replies
Most of the bigger companies will turn it away due to level of danger and blight in the area.
Cooper Tanquary
St. Louis Neighborhoods
16 August 2024 | 4 replies
Hey Cooper,Kingsway West and Academy can be dangerous areas... the Delmar divide is a general rule of thumb, north of Delmar is rundown while south of the street is a lot nicer.
Ruth Schrader-Grace
What is better when it comes to a loan for STR, MTR, 2nd home/vacation home?
16 August 2024 | 16 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...High Level --Conventional will typically offer lowest rates/fees but harder to qualify, especially if you are scaling and past the first couple of properties or going for the high-end of the market-2nd Home (10% Down) - should be very careful here - these are not intended for STR properties and people using them for pure investment properties are entering dangerous territory (you are attesting to use it as a rental half the year or less, no management, need to live in proximity, etc.)- DSCR Loans - typically your best bet if you don't quality (or have "outgrown") conventional or looking to scale a portfolio or diving into more specialized markets.
Kasandra Dore
Hello! New Member Here
16 August 2024 | 2 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.