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26 January 2025 | 13 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.
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20 February 2025 | 10 replies
It also tends to have larger, well maintained duplexes compared to other areas.
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20 February 2025 | 12 replies
The interests rate seem comparable.
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28 January 2025 | 4 replies
Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.
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22 January 2025 | 2 replies
I can help compare BP features but without knowing too much about Privy's functionality I'm not sure I can give you a great answer, other than of course BP Pro comes with more perks than just deal finding.
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27 January 2025 | 23 replies
Do you have an overall opinion and an opinion compared to Reno/Vegas?
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28 January 2025 | 3 replies
Housing is still affordable compared to other markets, which keeps renters and investors coming.
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27 January 2025 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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29 January 2025 | 0 replies
Co-living provides built-in diversification, lowering your financial risk compared to single-lease rentals.5.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.