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26 November 2024 | 13 replies
You’re right, though, that you’re unlikely to generate much cash flow, if at all, if you invest in your home state.One option would be to look out of state.
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22 November 2024 | 5 replies
Instead, there is an option period, with a (mostly) small option fee whereby the buyer can cancel the contract for ANY reason within the option period.
25 November 2024 | 11 replies
i am confident i can manage the relatively small amount of requests, and have heard some good things about apps and software that are a "one stop shop" for landlords that allow payment, leases, and repair requests. i have one out of state rental property with a plethora of options for handymen and contractors around. i have been paying a property management company 8% plus all of their inflated costs of repairs and fees and with insurance going up it has really opened my eyes to my margins not as healthy as i would like.do you have a certain product you have used or use or would recommend?
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24 November 2024 | 2 replies
This allows you to keep your Airbnb equity intact for future opportunities while managing your DTI limitations.If you need help navigating this further or finding the best financing options, feel free to reach out.
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23 November 2024 | 5 replies
My husband still works, and he has a consulting business, so for now we are ok, not great but not yet dire, he works 100% remote so only if it makes financial sense moving OOS to fulfill next step to get to financial freedom- it is an option . current picture.
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22 November 2024 | 24 replies
Two options- pay the Architect to make revisions or hire a Plumbing Engineer to create plumbing drawings.
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16 November 2024 | 4 replies
Option Fee, Security Deposit, etc) can you do it with no money out of pocket?
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22 November 2024 | 2 replies
Southdowns is also an option, but it's a little more expensive.
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22 November 2024 | 12 replies
These strategies reduce living expenses, offer easier financing options, and are ideal for college towns, urban centers, or large employers.
22 November 2024 | 4 replies
Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.