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23 February 2025 | 107 replies
Most wholesale thread you read first thing out of their mouth is Hey I am only doing this so I can get some cash to buy rentals and enough rentals so i don't have to work.. well there is work in all this the whole mind set that real estate will allow you not to work is misplaced in my mind.
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19 February 2025 | 5 replies
In fact, I don't know of any system that allows smartphone access without Wifi. and, I did some simple math, one refrigerator walking out the door in the middle of the night and it's $1,500 or squatters shooting drugs and it's major headache time.
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24 February 2025 | 0 replies
This could lead to higher tax bills for businesses and renters, who do not benefit from the homestead exemption [5].Local Jurisdiction AutonomyThe amendment allows counties, consolidated governments, municipalities, or local school systems to opt out of the exemption if they choose to do so.
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18 February 2025 | 4 replies
That allows the timing of the renting much easier as you can move into the new house, then rent the other, then refi the bridge loan into a perm loan.
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22 February 2025 | 8 replies
Some may also have a 6-12 month ownership seasoning period before allowing a refinance.Loan Terms & Interest Rates – DSCR loans often come with higher rates than conventional or owner-occupied loans.
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22 February 2025 | 14 replies
Adding Value to Your WarehouseTenant Quality & Lease Structure: If your current lease is below market or lacks favorable terms (like annual rent bumps, triple-net structure, or long-term commitments), renegotiating could boost value.Energy Efficiency Upgrades: LED lighting, insulation, and solar panels can make the property more appealing and cut operational costs.Loading & Access Improvements: If feasible, adding dock doors, better truck access, or high-clearance storage can make your space more attractive.Flex Space Conversion: Depending on demand, creating a small office buildout within the warehouse can appeal to tenants needing mixed-use space.Diversification ConsiderationWith 70% of your income tied to this one property, diversification could make sense, but if it’s truly hands-off and cash flowing well, you may not need to rush a sale.
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15 February 2025 | 3 replies
This allows us to increase our active cashflow to then cherry pick the long term holds we would like as well as work faster.
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14 February 2025 | 0 replies
This allowed BJ & Traci to focus solely on the project without the burden of financial strain.
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12 February 2025 | 1 reply
I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.
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11 February 2025 | 4 replies
There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.