Eli Edwards
Has anyone tried this?
23 January 2025 | 4 replies
I have a couple of people that this has happened to, and you need to have it in writing and tied to the property to make it work.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Leverage and invest at 40x $100 000 properties ($20k down + $5k closing cost, 30 yeas fix rate loan) with a return of 10% where you have better asset protection (my keeping lower equity and higher bank position), you are hedge against inflation (agree with me, in 30 years $1 000 000 purchasing power will be less compare than $1 000 000 today) Here is how looks mathematically:1. 10% on $1 000 000 (10x $100 000) = $100 000 / annually - No interest tax deduction- No loan paydown benefit2. 10% on 1 000 000 (40x $100 000) = $400 000 / annually - debt service + full tax benefits+ loan pay down+ hedge against inflation for 30 years+ better asset protection (by maintaining lower equity position) + (not guaranteed of course) if appreciation happens, it happens on the all full asset amount, example:If appreciate 10%:In case "1" you will have 10% on $1 000 000 = $1 100 000In case "2" you will have 10% on all 40x properties (40x $100 000 = 4 000 000) = $1 400 000As far as cash flow, as long you buy "right" CAP 8% and higher you will have stronger cash flow on leveraged asset + all additional benefits.
Tekoa Glover
Mobile Home Investments
12 January 2025 | 1 reply
Make sure its on a permanent foundation, has concrete pillars, skirting and axles removed and in some states require hurricane Tie downs.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
It’s concerning as I have a lot of money tied up in this.
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
This synergy makes our team stronger and keeps us all moving toward the same goals.6.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
In those days it was possible to locate and tie up a “killer” deal, and close the transaction with absolutely zero of the investors own money.
Kris L.
Selecting the right agent
26 January 2025 | 12 replies
It’s much easier to adjust the price downward than to raise it.The agent with the higher price likely has a stronger understanding of the local market and property values in that area.
Benjamin Carver
Short Term Rental & Mid Term Rental Strategies for Raleigh-Durham NC
13 January 2025 | 12 replies
But STR has restrictions here (2 bedrooms in Raleigh) (hence the hybrid option) and there is often diminishing returns when it comes to price versus number of rooms in our market in the locations I focus on. 3 bedroom numbers often are stronger and more attainable price wise than 5 in core Raleigh.
Colin Frank
19 years old and ready to jump into the real estate investing game!
2 January 2025 | 4 replies
Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..