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13 February 2025 | 0 replies
Here are a few standout types:Multi-Family Properties:Duplexes, triplexes, and larger apartment buildings are investor favorites.
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18 February 2025 | 6 replies
Most of the savvy investors we're working with, even through we'll lend more that this, are coming in at 30% to 35% down.
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19 February 2025 | 7 replies
BPCON2025 sounds like an incredible opportunity for real estate investors to network, learn, and grow.
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19 February 2025 | 4 replies
Partner with Other InvestorsPool resources: Partnering with other investors allows you to combine your capital and expertise to invest in larger or more complex deals that you might not be able to do on your own.
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21 February 2025 | 3 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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18 February 2025 | 2 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.
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23 February 2025 | 19 replies
Quote from @Bruce Woodruff: Quote from @Ed Daniels: @Noah Kellar tough to advise without a photo, but I think the consideration about how it would turn out to repair and paint, remove siding to paint wood, or re-side is easy to me as an investor... whatever looks the best for minimum cost.
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17 February 2025 | 92 replies
Ken, I am an investor.
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16 February 2025 | 3 replies
As a broward county investor, I'm not exactly expecting a boom in prices over the next 3-5 years.
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20 February 2025 | 12 replies
We like to think we provide great services for OOS investors, but have seen many horror stories from others.