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20 December 2024 | 27 replies
The enforcing agency certainly cannot take action against an unpermitted unit without citing a specific health and safety issue to address.
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11 December 2024 | 14 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.
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8 December 2024 | 9 replies
Earlier this year, we were also posted on Booking.com, and while the listing did produce several reservations, it came with a huge amount of frustration and more last-minute cancellations that we've experienced (significantly more as a %) than the other 2 booking platforms, Airbnb and VRBO.
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6 December 2024 | 6 replies
@Robby Sanchez Calling property managers who know the market(s) that you're looking in will produce the best results.
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3 December 2024 | 12 replies
Hey, I just joined the platform and wanted to introduce myself and say hi.I'm a software engineer, currently based out of Portland, OR. New to RE investing, have watched tons of BP episodes.My goal is to pursue mid-lo...
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9 December 2024 | 2 replies
Based on these assumptions and the IRS notice's text that "The IRS also gives affected taxpayers until May 1, 2025, to perform other time-sensitive actions described in Treas.
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30 December 2024 | 89 replies
Would love to see you in action!
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10 December 2024 | 14 replies
But the $1m value increase has produced a good return (and why my equity position is so high).Recognize when you increase your down, you are purchasing the cash flow at a rate qual to the interest rate.
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7 December 2024 | 6 replies
I am also of the belief that if a property cannot produce $1500-2000+ in rent per month, you're just going to have a hard time covering capex.