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Results (10,000+)
Dustin Sanders Any 10-15% DSCR Loans?
6 February 2025 | 27 replies
With this structure, lenders can offer more favorable terms, including lower interest rates, making your investments more profitable in the long run.
Cory St. Esprit Would you renew?
30 January 2025 | 21 replies
However, their lease is up in two months, so I would only focus on non-renewal for now.In my book, I explain methods for removing tenants without evicting them through court.
Spencer Wayne Whitley Jr. General Contractor looking to finance new construction
5 February 2025 | 17 replies
It's all about how we structure and present the experience you do have.
Carlos Silva Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
Using this method, we will have our home paid off in about 2 more years AND will have a massive HELOC we can use to scale even more. wht are you going to do after the mortgage is paid-off ?
Griffin Malcolm Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
(d) Minimum rear yard: 30 feet rear property line to nearest building or structure.
Damien Davis Build to Rent
4 February 2025 | 24 replies
Damien,Build-to-Rent (BTR) is a great long-term wealth-building strategy, especially if you have a stable W2 and want to take a more methodical approach to investing.
Alicia Howard RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
Veronica Mitchell Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
"I have a very simple criteria for when an area is gentrifying as opposed to just generally improving: If it makes economic sense to buy (at market price) and tear down an existing structure in order to build and immediately sell a new building, then the area is gentrifying.
Jacob Dalton Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.
Mike Levene Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.