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30 January 2025 | 4 replies
Posts like this are part of my journey to learn, network & connect with experienced professionals like yourself who have valuable insights to share.I also want to apologize for the late response—it’s been a busy few days, but I didn’t want to miss the chance to thank you for your input.Looking forward to learning & growing in this space & who knows, maybe one day I’ll be offering you in on an investment idea or I'll be the one offering advice to new investors!
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12 February 2025 | 8 replies
Sounds like I am in the right market for what I am looking for both personally and professionally.
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23 January 2025 | 21 replies
Class A apartments have numerous amenities, professional management, and sit in desirable neighborhoods.
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15 January 2025 | 15 replies
Our cleaning fee covers professional clean, laundry service, and consumables.
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9 January 2025 | 17 replies
I informed my cleaners that she did not need to clean on date of checkout.
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29 January 2025 | 0 replies
Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.
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24 January 2025 | 5 replies
As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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6 February 2025 | 7 replies
When it comes to rude and abusive tenants, I'll deal with them on a professional level during their tenancy, but when it comes to renew, BYE BYE.
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22 January 2025 | 4 replies
These are professionals with additional training and a stricter code of ethics.