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22 August 2024 | 1 reply
I'm not sure where that leaves the HOA in regards to needing each unit's contribution to fix the property?
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25 August 2024 | 57 replies
He used to be a regular contributer on the BP forums.
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23 August 2024 | 7 replies
My thought would be househack with minimum cash contribution, force some equity, then do a rate/term refinance roll in costs and get refunded your escrow balance and another $2k at closing.
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21 August 2024 | 73 replies
.: I enjoy talking real estate, networking and it's only fair I contribute Loved* I enjoy talking real estate, networking and it's only fair I contribute...
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20 August 2024 | 7 replies
Absent one, sell and split the proceeds based on their cash contribution to the purchase.
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22 August 2024 | 31 replies
The $260mil is simply just the value of properties that are currently in select counties I want to focus on to start so I put that number as more of an example of what I would ideally like them to contribute funds or fund fully up to but things can go at a pace as investor that wants to team up wants to go.
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21 August 2024 | 10 replies
A bit about me:I live in Portland, OR (which is quite expensive)I’m a first-time homebuyerI’m interested in the "small and mighty" approach to real estate investingI’m actively contributing to my 401(k), maxing out my Roth IRA, and have $30K in savings.
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21 August 2024 | 4 replies
One additional thought is that most hard money lenders and private money lenders will require the borrower to contribute to the purchase/rehab of the property.
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21 August 2024 | 3 replies
Capital Expenditures (10-15% of Income)Rule of Thumb: Reserve 10-15% of your income for capital expenditures (CapEx) like roof replacement, HVAC systems, or major renovations.Why: Regularly contributing to a CapEx fund ensures you have the cash on hand for significant improvements or replacements, preserving the value of your properties.5.
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21 August 2024 | 0 replies
Lower taxes mean lower overhead costs and a more favorable environment for growth, making the state even more attractive to companies looking for a business-friendly climate.Real Estate Opportunities AboundAll of these factors contribute to a real estate market that’s ripe for investment.