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19 February 2025 | 23 replies
I'd purchased it on a land contract, paying interest only for the first 5 years, with the ability to extend another 5 years if I'm not able to find favorable financing to refinance within that time period.
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10 February 2025 | 1 reply
This week, two critical economic reports—the CPI inflation report (Tuesday, February 13) and Initial Jobless Claims (Thursday, February 15)—will provide new insights into whether the Fed will stay on its current path or begin signaling rate cuts.Real estate investors looking to finance new deals, refinance existing loans, or time their next acquisition should closely monitor how these reports shape market expectations for the Fed’s next move.Current Market ConditionsMortgage rates have remained stubbornly high due to persistent inflation and a strong labor market.
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28 January 2025 | 15 replies
The tenant was paying rent to the previous owner but hasn't been paying rent for a while since the property was foreclosed and sold to the bank.
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28 January 2025 | 9 replies
Pay a GC and take them with you on walk throughs.
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27 January 2025 | 6 replies
Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fire DamageI received an insurance check of $380K for the fire damage.After Paying off the Mortgage + Escrow + Realtor Fee's, I'll be left with about $150K.My question is will I get taxed on this $150K?
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2 February 2025 | 9 replies
Tenants have dog allergies and chronic asthma; the persistent smell and the dog hair found in multiple areas so far are harmful to our health and have, can, and will exacerbate health conditions of tenants.We believe the issues described above present a materially dangerous or hazardous condition to the health and safety of our household.
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7 February 2025 | 28 replies
They are very persistent in raising money for their other funds once you’ve invested in one…which makes me further suspicious.
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1 February 2025 | 11 replies
In my view, this trend is likely to persist and could be a strong demographic tailwind for a long-term investor like yourself.Specifically, Athens, AL—a city about 30 miles west of downtown Huntsville—was the #1 fastest-growing city in the state in 2023, so there’s a lot of growth, development, and opportunity in and around Huntsville proper.If you have the time, do some driving around.
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26 January 2025 | 15 replies
I use all the rental cash flow to pay these loans off asap, then repeat.
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29 January 2025 | 4 replies
I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC).