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21 January 2025 | 3 replies
(It’s multi-family but not entirely stabilized.)Rehab Costs: How much should I budget for bringing vacant units to market-ready condition?
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22 January 2025 | 4 replies
I'm excited to see what my journey brings.
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29 January 2025 | 31 replies
Lendbase has a referral fee that they pay any residential brokers that want to bring customers.
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26 January 2025 | 28 replies
Feel free to bring any question you have or ideas for topics you’d like to hear about, whether for novices or advanced investors.
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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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27 January 2025 | 9 replies
You have no way of knowing.Henry brings up an excellent point about going into a nursing home where she'll be paying some/all of those fees with Medicare.
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19 January 2025 | 0 replies
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27 January 2025 | 7 replies
I will not know that until I climb under the house and into the attic etc... for inspectionThe area is close to things and is not in a indicated crime location and has a very nice open lot area on the corner with it but again assuming the tenants stay and lease I am looking at that as a smaller issue..Thanks for bringing up the concerns but I have tried to do my due diligence but do not really know is the analyzing aspect has missed something major.
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4 February 2025 | 9 replies
So you'll need to bring your own money to do that.
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30 January 2025 | 10 replies
And when you buy a 2-4 unit you can use 75% of the rent that the appraiser says will bring in on the units you will not be occupying.