Henry Rodriguez
build adu on property or purchase another property ?
14 November 2024 | 10 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
Josh R.
What to do with a property that has too much equity?
12 November 2024 | 18 replies
Plus if you bought with all cash from the proceeds of the sale you would be trading down in asset value quite a bit.Depending on the refi rate you could consider keeping this and refinancing it to pull some cash out which you could use as a down payment on another property.Just some thoughts, hope they help the issue with the refi is those rates at the new loan if i do a 75% LTV will almost overcome the cash flow its producing now and basically get to a break even point.
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
If you have a lot of equity in your home I would first evaluate if it's possible to leverage any of that equity to acquire another asset that would produce more cash using a home equity loan or line of credit3.
Michele S.
How to finance a future Padsplit??
13 November 2024 | 15 replies
Very likely the seller doesn't know the income-producing value of those extra spaces and therefore has not included it in their pricing.
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
11 November 2024 | 22 replies
If $23k is just a “hope and a prayer” then he’s going to have a very hard time producing any CREDIBLE itemized bill.
Sharad Bagri
Columbus and Dayton, Ohio—B or C+ Neighborhoods, where are they?
9 November 2024 | 8 replies
The C areas that produce the most cash flow are Linden, Whitehall, and Hilltop.
Tar-U-Way Bright
Thoughts on PadSplit
13 November 2024 | 14 replies
You may see a difference if you're selling to an investor that would price it as an income producing property.
Cole Carmack
[Calc Review] Help me analyze this deal
7 November 2024 | 3 replies
Rental estimates as in what it could possibly produce?
Shannon L Fogarty
Deed vs mortgage
11 November 2024 | 14 replies
They'll produce a title commitment with the requirements they think are necessary to get you insurable title.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
If it is way more work and maintenance but cash flowing the same as a smaller unit doesn't make sense, but since you say high maintenance high reward I'm guessing this is one of the best producing properties.