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7 July 2020 | 4 replies
Also, using your VA loan is smart to maximize buying power and monetize the mortgage house hacking the second unit.
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8 July 2020 | 12 replies
We also have strategies to monetize other space often overlooked by investors with units near campuses.
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6 July 2020 | 132 replies
My advice is sound and the vast majority of Landlords would be wise to learn how to market themselves as pet-friendly, develop a process for screening both tenants and animals, and then learning how to monetize that.
28 June 2020 | 0 replies
I would manage the property and do upgrades over the next few years to increase the value while initially pulling ~$750/mo net income after factoring for all expenses. 2.
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1 August 2020 | 6 replies
Being licensed is going to save $ on transactions, give better access and networking which brings deals you wouldn't have caught before, and gives more ways to monetize leads that don't pan out as good buys (can represent them).
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14 July 2020 | 32 replies
Long Term: Over the long haul, due to stagnant wage growth, and ever growing supply of "value add" units, and the Federal Reserves insane debt monetization policies - investors will soon realize that they can only squeeze so much rent / RUBS / pet rent / misc. income out of their tenant, especially in areas with relatively low AMI levels.
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8 July 2020 | 6 replies
You will also have to put 25-30% down right now and also cover carrying costs so if your cash reserves are tight I would not recommend borrowing Monet form a bank or hard money lender.
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17 July 2020 | 5 replies
I'd preempt that phone call with some online research about purchase contract assignments and double closing practices in you specific state and then search for someone with a referral to a title company in your area and ask them to provide a warm introduction.As a general rule, you will regret collecting all of your information from a single source and someone offering a one stop shop for all the answers is monetizing you in some way.Additionally, re-framing your mindset from, "I want to wholesale." might prove beneficial.
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13 July 2020 | 2 replies
Option 2 Land lease - if you want to keep the property you can lease the land to someone else and let them develop it or monetize the property.