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5 February 2025 | 6 replies
Would the value of the remodel increase the rents or the selling price that would out weight the cost?
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21 January 2025 | 10 replies
However, hauling away a truckload of items and cleaning beyond standard expectations could reasonably be charged to the tenant, as it goes beyond normal use.Goodwill Gesture: Since this tenant was great for 5.5 years—paying on time and caring for the property—you might consider waiving part of the cleaning cost as a goodwill gesture.
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15 January 2025 | 15 replies
After that make sure you have your property up to standard before placing a tenant.
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4 February 2025 | 5 replies
The return of installing one is not 1 to 1 but will increase your properties value.
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14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
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30 January 2025 | 8 replies
They build, you do a standard FHA mortgage at closing once the home is completed.
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2 February 2025 | 0 replies
Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.
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4 February 2025 | 0 replies
Let’s talk about what’s holding you back and how letting go can increase your bottom line
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28 January 2025 | 1 reply
It hedges any downside risk and increases cash flow.
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6 February 2025 | 2 replies
A potential goldmine for those seeking to increase property value and generate rental income.However, navigating this opportunity requires strategic planning.