19 January 2025 | 1 reply
Charges for marketing pics, 3-D Tours, Floor plans?
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23 January 2025 | 3 replies
Hey everyone,I'm a first-time real estate investor and have been planning my first property purchase for years.
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23 January 2025 | 1 reply
Make sure you tell them exactly your plan and make sure there isn't a catch.
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28 January 2025 | 15 replies
She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.
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21 January 2025 | 4 replies
I own a home which I’m currently living in and planning on making a long-term rental property as well once I move out.
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27 January 2025 | 7 replies
We are working on our first flip house and we didn't plan to do the BRRRR method, although it has come up in conversation multiple times due to the area it is in, we are still tossing the idea around of keeping it as a rental.
27 January 2025 | 8 replies
I would like to start close to home as I plan to self manage the rental side of it.
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21 January 2025 | 0 replies
Here is an example with some figures:My LLC total investment = $204,000Partner LLC total investment = $196,000Value of project when complete = $500,000Each LLC value afterwards = $255,000 / $249,000The plan was for me personally to go get the refinance loan because the terms are so much stronger than if I went portfolio with the LLC.Loan total = $300,000 (keeping at 60% or under of value for best terms from the bank)Partner LLC payout = $249,000My LLC payout = $51,000In this scenario, I am struggling to see how to get the remaining equity in the project into my personal name?
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31 January 2025 | 2 replies
Increased revenue and decreased parking demand allowed us to carry income-restricted units as well.We originally planned on spinning it out into a brand, but we never had the bandwidth to do so.Our largest hurdle has been education as most of our tenants are coming in to rent traditional units.Investors did not love it.
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17 January 2025 | 9 replies
This could easily cost you $10’s of thousands if you plan to stay in the home 5+ years when you return.