
9 August 2024 | 16 replies
It rents for $2,100 today, and in 15 years it will be fully paid for and renting for over $4,000 a month.ย

10 August 2024 | 14 replies
Fast forward a few months, we refinanced the building and sent the construction lender the $2M appraisal and nicely told them our loan was the least of their problems and will never borrow from them again.

8 August 2024 | 32 replies
Where it really accelerates is if you typically don't spend all your monthly earnings and you have money left off after all monthly expenses and that money stays in the HELOC.

8 August 2024 | 3 replies
Here are our mortgages and a snapshot of each one1) Primary residence: 6.2%, $2,240/month (29 years left)2)First rental: 3.2%, $1,440/month ($500 CF, 10 years left)3) Second rental: 7.2%, $2,100/month ($300 CF, 30 years left)4) Save another 20% for another investment home.

8 August 2024 | 0 replies
Here are some data points below from the past month:๐ ๐ Real Estate Update ๐๐ Here's the latest market report (based on single family homes):๐ก Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%๐ฐ Median Sales Price:May: $475,995June: $485,000July: $487,483๐ New Listings:May: 2,141June: 1,920July: 2,032๐
Median Days on Market Until Sale:May: 12June: 13July: 14๐ฆ Months Supply of Inventory:May: 2.4June: 2.3July: 2.6

8 August 2024 | 2 replies
Hello all,Business is going well, and most of you know me as an investor focused Realtor in Omaha and in the next couple months I have the amazing opportunity to scale that business exponentially as the Acquisitions Director for an amazing Real Estate Company (more info to publish later) but I am actually seeking recommendations for a good real estate tax professional who serves the Omaha area.Basically I am already formed as S Corp but I am forming an LLC (potentially under my S Corp)ย with myself and the contractors I work hand in hand with to renovate properties with the intent of serving under one "legal" roof when we assist investors in finding and renovating properties for investors and want to make sure we set ourselves up as strong as possible.Any recommendations?

8 August 2024 | 3 replies
Would appreciate feedback/thoughts on next steps on Sell vs Rental approach.Looking at the very high monthly exp/rev ratio, it seems I should sell, but want to make sure I'm exploring all options.

8 August 2024 | 12 replies
I sold a few buildings over the last 12 months (40 units total).

8 August 2024 | 19 replies
She's 2 months behind and about to be 3 months behind.ย
9 August 2024 | 2 replies
For all I know they are absolutely legit, I'm just not sure the best way to ensure I'm not screwing myself over for the next 12 months etc.ย