
26 November 2024 | 3 replies
I would tell folks at the time with 30k brand new homes that Lehigh was probably one of the cheapest places in US if not the world to live everything considered US medical and fire and police etc etc and no state income tax.So here we are today de ja vu all over again with hundreds of investors stuck with half built houses and a the vast majority of all these were spec for rental purposes not to live in..
26 November 2024 | 3 replies
.* In my world (Bank) a "Foreclosure" is a property/loan that has a filed notice (Often referred to as first legal) that a foreclosure has commenced and is somewhere in the foreclosure process between first legal and sale (or post sale redemption).

28 November 2024 | 22 replies
A 14-50r plug was always the preferred method, especially before the world woke up and switched to the Tesla charging standard.

23 November 2024 | 4 replies
Turns out, if you know how to structure deals creatively, there’s a whole other world of opportunities out there.I’m here because I know a lot of you are interested in scaling your portfolios or maybe even getting started without traditional resources.

5 December 2024 | 34 replies
just don't do a lease. as others have mentioned, this forces the buyer of the property to take over the lease (if its even allowed/ they qualify) and it certainly does make the property a little tougher to sell. i'm also doing a house hack, and here in CA, its made a world of difference for me. the bulk of our energy usage is in the summer when we want to run the a/c. my bill stays a constant $228/mo (i pocketed the tax credit and simply financed the panels after that grace period). instead of getting an $800 bill in the summer months, we run the a/c at a constant temperature 24/7 on auto, stay comfortable, and i typically get a little bit coming back at the end of the year. don't expect to pocket this "little bit back" by being conservative with your useage, it sort of is a use-it-or-lose-it situation... i think i got $54 back this year.

26 November 2024 | 86 replies
Spill the beans, the world is too public.Careful what tree you bark up, you'll get the wrong dog.

27 November 2024 | 26 replies
Whether it is included in the rent or not you cannot coverage everything that can possibly happen in the world and you DEFINITELY don't want to set this type of precedent.

21 November 2024 | 23 replies
I’ve been educating myself and would like more knowledge and a deeper understanding of the real estate world.

27 November 2024 | 16 replies
In today's world you need to be about 28-35% down on properties to be gross cash flow positive, closer to 40-42% to be truly net cash flow positive(i.e 50% of your income goes to maintaining the property, other 50% is actually profit).My recommendation is to buy ideally a 4/3 SFR that's a starter-friendly one in a good area, and rent it out by the room.

21 November 2024 | 15 replies
Joshua,I am here in Florida as well and have been in the REI world for over 18+ years.