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2 January 2025 | 4 replies
Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..
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22 January 2025 | 3 replies
My main question is whether it makes more sense to go the seller financing route and pay off the principal in 8–10 years or stick with a standard 30-year loan.My thinking is that the tax deductions from a mortgage wouldn’t outweigh the potential equity I could gain over those 8–10 years.
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27 January 2025 | 18 replies
Now knowing my MAO, if they counter, I just look to that MAO, does the deal still make sense?
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27 January 2025 | 12 replies
Testing the entire BRRRR process to see if it's the right strategy for me long-term.building equity through rehab and build out will be best achieved with a lower priced cash purchase---typically wholesale. or word of mouth. depends on the region though. lots of ways to hunt for good BRRRR candidates, but hunting on the MLS typically wont get you low enough prices to make sense....My brother-in-law, who owns a landscaping company in Lee’s Summit, works with a lot of local builders and has been a huge help...This sounds like a great resource for finding subs that will do the work for you independently. most subs can do other types of work as well.If you’ve worked with trustworthy contractors or subcontractors in the Jackson County/MO area (especially those familiar with investment properties), I’d love your recommendations.
7 February 2025 | 5 replies
Your input on parking makes a lot of sense.
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28 January 2025 | 11 replies
I am sorry but this makes absolutely no sense.....Also, any builder who has to be paid every week is a huge red flag.
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17 January 2025 | 10 replies
But there's no sense in complaining because it's not going to change.
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15 January 2025 | 39 replies
I think this will all start making more sense once you start analyzing deals and working with an agent that can provide some insight.
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21 January 2025 | 4 replies
It is pricey and a little hard to make the numbers in my experience, but it is a vast area (S FL in general) so I am sure there are pockets where it makes sense.
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4 February 2025 | 11 replies
This means you need to pad your rehab costs, make sure you have trusted service providers that do great work, and when you run comps be sure to bring them down a bit and see if the deal still makes sense.