Matthew Christofferson
New Member Intro. Where do I start?
25 October 2024 | 8 replies
It seems like you enjoy being active and using your hands so maybe the BRRRR method (buy, rehab, rent, refinance, repeat) is your best bet as you could save some money and do plenty on your own, you could also do a live in flip potentially and sell it or rent it out later.
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
25 October 2024 | 6 replies
In fact I would bet not even the asset protection services who send you down these rabbit holes can and therein lies the problem...
Kyler J Sloan
Treehouse Appraisal Process
24 October 2024 | 14 replies
I bet you could quickly get an idea about financing, insuring, and feasibility from them.
Erich Hatch
30 Year Note Private Lender
23 October 2024 | 5 replies
TIAErich your best bet would be to amortize it over thirty with a 5 year balloon. the issue with private lenders vs. banks is private lenders use their money to lend and many times it may not keep up with inflation - so lending for that long does not make sense.
Kenji Tominaga
Pending closing the deal due to the current tenant not leaving
28 October 2024 | 23 replies
so after reading all the posts, it sounds like his best bet is just to move on and walk away finding another place maybe coming back in future to keep contact with that person if he really wants that location… Correct me if I’m wrong, but my analysis from all this is that hiring a squatter would only be applicable in situations where the person who is occupying the residence never had a lease or contract therefore it is a rare circumstance where it would be a viable option.
Andrew Foster
Buying my first property, Transferring Deed, and LLCs
28 October 2024 | 12 replies
However, in practice, lenders rarely enforce it as long as mortgage payments are current and there’s no added risk for them.If you want to avoid triggering the due on sale clause, the safest bet is to wait a few months after closing before transferring the deed to your LLC.
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
I don't think we will reach those lows again, but wouldn't necessarily bet against it, either.If you are skittish now, I'd get it on the market right now while there's still a season left, and price it to MOVE.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
I bet realistically most people would stop there.
Brian Dwane
North Jersey investing
22 October 2024 | 8 replies
That's what makes OH so popular especially when you are primarily looking for cash flow
James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
28 October 2024 | 40 replies
It only stands to reason that more and more investors jumped into the STR pool in the most popular tourist destination in the world - vacation rentals near Disney and Universal theme parks.