
11 October 2024 | 0 replies
Being able to help someone who was going to walk away with nothing, and there was also lower cap ex.

11 October 2024 | 12 replies
As a side note, Floridas current insurance issues are mostly caused by other factors besides the increase in severity and frequency of natural disasters however (roofing scams and no caps on lawyers fees for claims, both results of bad government policy that resulted in most insurance companies leaving the state and the remaining ones raising rates to account for having to pay for all of the roofing scams and absurdly high attorney fees on simple claims).
11 October 2024 | 27 replies
The pros to them are vast though, no cap on how many mortgages you hold, they don't show up on your credit report, the closings are quicker, the rates are competitive, we only require a soft credit check, no tax returns or employment requirements, and the seasoning periods a very short.

11 October 2024 | 1 reply
Understand cash flow, cap rates, and ROI.

14 October 2024 | 22 replies
If you are focused on getting multiple assets at once, consider this:1. you really don't have enough available capital to do this safely right now and you will buy cash flow properties with cap ex which you will need reserves for2. you need $15-20k in reserves for each property you buy so factor that in3. when you try to buy multiple properties to start, you end up missing the mark on your first one because you are collecting and not curating your portfolio

10 October 2024 | 24 replies
Well I have a buyer who is looking for 30-70 units class b, 10% cap rate, 90% occupied.

10 October 2024 | 16 replies
The rental cap rate is 7%, but I have learned a lot.

10 October 2024 | 7 replies
If you’ve owned it for a few years there a cap on the amount they can increase the taxable value, I believe it’s 15% excluding improvements to the property.

14 October 2024 | 24 replies
Typically in company's 401K plan, there's a large-cap index fund option that more or less tracks SP500's performance.

10 October 2024 | 6 replies
The cap rate on this property is just over 7%, leaving plenty of meat on the bone for any investor!