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19 December 2024 | 12 replies
Adding in county and state tax, record fees, legal fees, etc., I estimate that this will cost over $10k.
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27 December 2024 | 18 replies
However, if I tried to sell this note, I might have a difficult time doing so because there is no open market for selling notes and adding the fact that the note is in default, I might have to discount the note if I wanted to get cash for it.
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29 December 2024 | 24 replies
In this case though, it makes it very tough to keep the current property cash flowing if I pull the money out through the HELOC though (while it's not directly added to the mortgage, it all still washes out into much larger monthly payments) though, so I am very leary!
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20 December 2024 | 3 replies
A buddy of mine in Phoenix added a fenced yard and bunk beds to his listings.. nothing fancy, just a few tweaks.. and he went from crickets to getting three calls in two weeks.Preferred Landlord Program: This program gets you priority placement, and while ALE charges a fee, it's worth it for visibility.
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23 December 2024 | 9 replies
No extra fees added for repairs, I'm allowed to contract my own people via the PM to do services(HVAC, lawn, water heater, etc.)
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6 January 2025 | 25 replies
@Marie CopulHunker down and pare down your lifestyle expenses as much as possible so you can replace what you need as quickly as possible.I did have a client take down a 57 unit mixed use apartment deal that added $1.1M to his net worth and $180k a year in cash flow in 12 months but those types of results are not typical.However, some type of commercial real estate would be my suggestion and one where you are driving the ship so you keep most if not all the equity.I have some ideas for you and would be happy to talk you through them.
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24 December 2024 | 8 replies
Hiring a Handyman: Posting ads on platforms Craigslist or Facebook Marketplace and conducting a multi-step interview process:Start with a phone screen to assess experience, availability, and resources.Follow up with an in-person meeting to determine compatibility and trustworthiness.4.
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11 December 2024 | 4 replies
Hello there community, in the recent days I have been teasing the idea of house hacking if I decide to move in the future in SLC ( love skiing and the nature). I have read the city’s guide https://www.slcdocs.com/Pl...
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27 December 2024 | 66 replies
There is not going to be more landed added (but may be some land lost).Good luck
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20 December 2024 | 12 replies
If you have something like a finished basement or garage I could see adding one there but no need to take up space and make it look junky with one in each room.