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17 May 2024 | 8 replies
This puts everyone involved in the transaction at ease.
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18 May 2024 | 1 reply
I think we will see modest price increases in the single digits (say 3-4%) as the Fed eases back on rates.There are basically two long term plays in real estate - investing for cash-flow, and investing for appreciation.
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18 May 2024 | 19 replies
(Be sure on those income streams, no speculation.)Have a good size cash reserve (I had at one point $115K in cash reserves in an account, because I was so cautious about life's surprises, especially medical, I have since eased up on that and put more than half of that to work for me in multiple income streams) waiting in a high yield savings account, or in some state of liquidity, that you can draw from at any time for those unexpected surprise expenses, because sometimes when it rains, it pours.
17 May 2024 | 13 replies
If you are crushing it with smaller deals and find comfort and ease and low ROE (Return on Effort), then stay the course.If you want to scale, you may have to find a partner to help with capital and balance sheet.
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16 May 2024 | 7 replies
It's all I used starting out and I still use it for ease and speed when I need a number quick and dirty.
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16 May 2024 | 8 replies
This suggests a strong ongoing demand for rental properties, which is critical for the real estate flipping market since it can indicate the ease of renting out or selling renovated properties.Interest in Affordability and Accessibility: Searches for "affordable housing Syracuse NY" and "low income apartments Syracuse NY" are consistent, which aligns with the interest in more affordable and accessible housing options.
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14 May 2024 | 2 replies
Just make sure that the local zoning laws and HOA (if applicable) allow for this arrangement.Down Payment Terms: Spreading the $20k down payment over 6 months can ease the upfront financial burden, but ensure you have a clear agreement with the seller on this timeline and any penalties for delayed payments.Best of luck moving forward,KC
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14 May 2024 | 7 replies
I also recommend jumping into a renovation over new construction so you can get a feel for the work.Alternatively, you can also jump into a property where you can add more units and that can help you ease into it as well since you'll still be collecting money while you pull permits.
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13 May 2024 | 79 replies
There are a LOT of people that have done that successfully with relative ease.
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10 May 2024 | 43 replies
It definitely helps ease the burden as everything is split 50/50.What size property size are you looking for in OCMD?