Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
@Matthew Drouin had a great reply:"Typically 50% of revenue is going to go right to operating expenses on small multi family.
Vanessa Pierson
Advice - Long Term Rental in Tough HOA or Sell
23 January 2025 | 4 replies
True, but (a) they were typically experienced investors, and (b) today's market includes record prices and high mortgage rates, which is a double whammy.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
However, the road block I face is getting to a point where I think it’s an “ok” deal (meaning it’s not fulfilling the 1% rule, but more like 0.75% and little to no immediate renovation cost/typically a new build townhome) and then I start to question whether I could find a BETTER deal if I just keep looking.
Shannon Hartzell
I need a creative loan for an investment property
27 January 2025 | 5 replies
Private Money or Hard Money LoanHow it works: Short-term loans from private or hard money lenders to purchase the lot and finance the construction.Benefits: Easier approval and faster processing, focusing on the property value rather than your income.Downside: Higher interest rates and shorter loan terms (typically 6-18 months).
Cortney Jones
7 units available in Tucson - 7.53% Cap
27 January 2025 | 6 replies
Typically, I run a current income/expense column next to a ProForma column to show potential value add opporunties.I agree with @Robert.
Rene Hosman
Have you ever moved your HSA to get better investment options?
31 January 2025 | 12 replies
Typically, you can only do one rollover per 12-month period (again, IRS Publication 969 has the details).In the end, having the option to invest your HSA funds is usually a better bet than letting them sit in a basic savings account.
Joshua Martin
Forced Equity Cash out
31 January 2025 | 6 replies
@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.
Andrea Lucarelli
Furnished Mid-term rental investing - corporate, travel medical
29 January 2025 | 21 replies
I would read up on "Squatters Rights" laws and how long a typical eviction takes to execute.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
For a new agent to land a listing they typically over promise a seller a high price to win it and then spend money trying to find the magical buyer to purchase it.