
11 February 2025 | 13 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.

29 January 2025 | 7 replies
Here's my problem, I've invested pretty much all of the cash that I have and have hit a plateau.

3 February 2025 | 3 replies
If you feel the need to explain why you hit the "reject" button, you could add to any of those: We are closing this leasing process by rejecting all remaining applications in the queue.

19 February 2025 | 27 replies
Homes that will hit that 10% ratio as a short-term rental aren't easy to find anywhere in this competitive STR, market.

7 March 2025 | 14 replies
Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

22 January 2025 | 13 replies
So I did a 3-2-1 buydown and secured a 2.875% interest loan for the first year of the loan, and it will gradually go up a percent each year until it hits my rate of 5.875%!

24 February 2025 | 25 replies
Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

30 January 2025 | 5 replies
For items not available before the SoE and hitting the market after the SoE, you can raise prices a max of 50%.

27 January 2025 | 18 replies
Old skool K&T systems are simply not designed for the electrical loads that houses have today.

29 January 2025 | 3 replies
Quote from @Aaron Wolman: I would call the companies (gas/water/electric) to get estimates, or an estimator out there.