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12 December 2024 | 1 reply
Despite popular option the fed nor a president has direct control over long term interest rates.
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18 December 2024 | 3 replies
.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.
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13 December 2024 | 6 replies
This would allow you to keep the current mortgage and keep entire control of the property.
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19 December 2024 | 22 replies
In my mind, you only have control over how you market the property and how your respond to leads and where you price it.
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12 December 2024 | 7 replies
We then stick to that math and we don't get emotional about property.
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14 December 2024 | 101 replies
Yes it does play on the emotions and it worked.
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9 December 2024 | 3 replies
The hard part is actually remaining disciplined to manage that emotion and not losing that conviction when it does get ugly.
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12 December 2024 | 20 replies
Yes, it's actually possible to control mice by acting like an adult and dealing with them.
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13 December 2024 | 16 replies
Can I dictate the remitter listed on the check (LLC vs controller vs IRA) based on the needs of the transaction - my local bank would at least give me that much latitude - or is that determined by these banks?
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14 December 2024 | 6 replies
Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.