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6 December 2024 | 45 replies
Are you willing to move to a completely new market and essentially "start-over" with your social life?
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5 December 2024 | 34 replies
It's a hassle when they leave, but it's essentially over at this point.
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14 December 2024 | 101 replies
I essentially paid to be abused.
27 November 2024 | 7 replies
However, if I earn too much “earned income,” I risk losing these essential benefits.That’s why I’m exploring real estate and the stock market, as these generate “unearned income” and allow me to maintain my benefits while building financial security.
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10 December 2024 | 100 replies
There's really just not a heavy demand for DIY home buying, which is essentially what all of this comes down to - cutting the fees and services offered to buyers and sellers in the hope of capturing market share from traditional agencies.
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30 November 2024 | 10 replies
The culture component is ESSENTIAL!
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3 December 2024 | 15 replies
These items will vary from DSCR Lender to DSCR Lender and can also be determined by things like your credit score, property type and its DSCR ratio, etc. 3% origination cost is very high for DSCR as well unless you are essentially "buying down" the interest rate quite a bit (trading fees for a much lower rate over the life of the loan)I have also been told by multiple people that I should create an LLC or Trust.
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28 November 2024 | 10 replies
Consider not just the purchase price but also renovation costs, property management fees, and local rental rates.Consider the Property Management Aspect: If you’re not planning to manage the properties yourself, finding a reputable property management company is essential to ensure smooth operations.Stay Updated on Local Regulations: Familiarize yourself with rental laws and regulations in Detroit to avoid any potential issues down the line.Feel free to ask any questions as you continue your journey.
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4 December 2024 | 33 replies
It's essentially the brrrr strategy but you can use hard money on the front end to get into the deal.
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5 December 2024 | 34 replies
Essentially, is it worth it?