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9 January 2025 | 9 replies
The only difference is the seller remains on title until we have enough equity to refinance or sell.3: Typically we don’t agree to balloons.
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5 February 2025 | 13 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.
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22 January 2025 | 56 replies
The fact I can go to my kid's golf game today, yet still catch a vendor overcharging me $81 the day before on a SFR in Georgia makes me feel the systems that are in place, plus the ability to manage sacrifices has paid off.I've had the same team in most of businesses for almost 8 years, and have a growing RE team that continue to impress me.
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16 January 2025 | 10 replies
Even if I have to lower the rate by $200 to find the right tenant, I am still ahead of the game by a C-note by year's end.Just my 2 cents, I hope you have already found a tenant for your home by the time this post drops!
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10 January 2025 | 7 replies
I enjoy college football, video games, and lifting weights.
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25 January 2025 | 25 replies
In addition to that AirDNA shared this article from Search Logistics titled: Airbnb Statistics [2025]:User and Growth DataI live in Nashville, TN.
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16 January 2025 | 38 replies
It’s a get rich slow game, but if you can be patient and give yourself 5-10 years investing in RE, you’ll be set.
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12 January 2025 | 6 replies
That is an upfront game plan with numbers that should be somewhat fail proof if done correctly.Lastly dont forget that 85% of people who take out a HELOC end up doing a refinance within 3 years to consolidate into one loan.
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16 January 2025 | 11 replies
What type of properties are you looking to add to your portfolio to "get back in the game"?