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11 December 2024 | 8 replies
The down payment is based off the total adjusted acquisition cost – the purchase price plus the cost of renovations.
10 December 2024 | 3 replies
If I keep the house in my name and use it as a rental, would I need to do anything other than notify the lender and adjust my homeowners insurance to reflect the house is a rental?
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6 December 2024 | 5 replies
Whether it's reading 10 minutes a day, making one new connection, or analyzing one deal, consistency beats intensity every time.What’s one habit that’s changed your life?
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9 December 2024 | 9 replies
Flipping is probably a little more intense, but can still be done with a day job, but again, my average flip versus my average rental: flip has made much better returns.And as for generational wealth and handing down something to your kids... well, I guess I view it as: if I can hand my kids a $10mm trust fund held in public securities, or $10mm real estate portfolio, they are going to be pretty set either way, but a real estate portfolio will continually have costs and work, a brokerage account is a bit more set and forget, with some periodic rebalancing.
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11 December 2024 | 8 replies
High occupancy rates can indicate a profitable rental market.Seasonality: Analyze seasonal trends to understand peak times and adjust your pricing strategy accordingly.3.
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9 December 2024 | 7 replies
Here are my steps: 1) Check market rent.2) Adjust current rent based on market rent.
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25 December 2024 | 60 replies
if you add one ADU, you will likely be comped against quads with maybe a slight adjustment for it not being a true quad.
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9 December 2024 | 12 replies
Based on the quality of the video, their ability to adjust based on our request and overall communication styles we picked 2.
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9 December 2024 | 6 replies
It also gives you the leverage to adjust your rate by putting more money down.
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10 December 2024 | 14 replies
That’s not a risk adjusted return close to what it was.)