Kathleen Park
The Idea of Renting out Current Home to Buy a New Home
2 July 2024 | 6 replies
Given your situation and concerns, here's a breakdown of considerations and advice:Pros of Renting Out Current Home and Buying a New Primary Home:Living Condition Upgrade: Moving to a larger, newer home with boutique features can improve your living space.Rental Market: West Town in Chicago generally has a strong rental market, which could provide good rental income from your current home.Portfolio Diversification: Adding another property to your real estate portfolio can enhance diversification and potentially increase long-term wealth through property appreciation and rental income.Cons and Concerns:Interest Rate: The current interest rate of 7% on a new mortgage is high, and there's uncertainty about future rate decreases.
Ethan McManigle
I need some advice
1 July 2024 | 23 replies
I would worry much less, at this stage, about which account is going to earn you more than how to make more money at your job or take on a side gig also to enhance it.A lot of blogs and people will have you focus on the micro here, not buying Starbucks, or getting a .01% better yield, but that doesn't really matter right now because it's not a big earn.
Julie Gates
Streamlining Real Estate Investments with Virtual Assistants
1 July 2024 | 13 replies
Guaranteeing steady pay attracts top candidates, and services like those provided by professionals such as Li can enhance your success.Consistency is key – create a work environment that you would want to show up to every day.
Ropo Sanni
Looking to purchase my first multi-unit and property. Should I change my approach?
1 July 2024 | 18 replies
They have some interest only investor programs that can also enhance returns.
Julie Muse
Quick Profit on Pennsylvania Ave: Whole-tailing Success with Matt Rzodkiewicz
28 June 2024 | 1 reply
This approach required minimal additional investment, maximizing profit and demonstrating Partner Driven's ability to enhance property value through strategic actions.
Julie Muse
Wildwood Dr Quick Flip: Double Your Money in Brooksville with Karen Schneyer!
28 June 2024 | 0 replies
Brooksville's growing market further enhanced its appeal.
Travis Andres
Gap funding for fix & flips?
28 June 2024 | 6 replies
Hard Money lenders prefer first lien positions during the rehab portion due to the enhanced security, control, and financial stability it offers.
Julie Muse
Linda St Flip: Big Profits in Delhi with Seth Choate!
28 June 2024 | 0 replies
Delhi's growing market further enhanced its appeal.
Julie Muse
Safford St Flip: Quick Profits in Bennington with Karen Schneyer!
28 June 2024 | 0 replies
Bennington's growing market further enhanced its appeal.
Julie Muse
Park St Flip: Quick Profits in Saint Paul with Zachary Clemmensen!
28 June 2024 | 0 replies
Saint Paul's growing market further enhanced its appeal.