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25 December 2024 | 60 replies
If they are not adding single unit ADUs, the it means at a minimum they are sourcing better opportunities.
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22 December 2024 | 24 replies
I think the dogmatic view may be the source of resistance--that because it happened in Sep/Oct, therefore it'll happen again.
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15 December 2024 | 12 replies
Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.
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17 December 2024 | 13 replies
Deal sourcing- if you’re willing to search regionally, don’t ask anyone to sell that isn’t already in a sale mode. “ No marketing.”
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13 December 2024 | 3 replies
What water source is in that area?
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19 December 2024 | 22 replies
I'm stressing because I wasn't anticipating this and am not excited about the prospect of paying 2k more than I was expecting when my mortgage payments kick in next month.I'll be searching the forum for answers as well, but since I am kinda desperate at the moment, I thought I would go straight to the source for advice.
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10 December 2024 | 2 replies
Would it break fair housing laws to say we are not willing to work with the program since it's not a source of income and they pay on their behalf?
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17 December 2024 | 36 replies
However my back end split is better.. since I sourced it ran it and had to front all costs to get to the profits and returns to investors are about what your talking about.
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14 December 2024 | 13 replies
In our market, there isn't much data outside of the census (I've checked Costar, CBRE, etc) do you know of any other sources i could use to back-up that the market is in need of housing?
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12 December 2024 | 7 replies
But you have to be very creative and understand that if you're seeing deals from industry professionals (rather than sourcing them yourself), there's probably not enough meat left on the bone for a good opportunity to create value.Good luck!