27 March 2024 | 2 replies
The one's that I have spoken with normally offer free consultations but won't honor it in this case and are demanding payment up front before they can even confirm whether or not they can do it.
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27 March 2024 | 9 replies
that would lower your down payment requirements - you could keep your primary as a rental, and move into a househack.
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26 March 2024 | 5 replies
It is making me sign up for their banking account in order to send my tenant the ability to make payments through their site.But what I think I am realizing is that I can have my tenant make payment through Zelle which is connected to my Chase Business Account.
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27 March 2024 | 1 reply
However, it would provide us with the necessary funds for the repairs and potentially a down payment on another property.
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26 March 2024 | 34 replies
Spend that refund on than the down payment on another house to use for bonus depreciation next year, which generates a big refund next year, which you can use for another down payment the year after, which generates another big refund the year after.
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25 March 2024 | 3 replies
I think this could be for a variety of reasons but likely has to do with the fact that remote work seems as though it is here to stay allowing for more digital nomads, professionals to live/move cities more easily or even just "check out" a new location for a few months.Couple of key takeaways:-Casting a wide net and not focusing only on traveling nurses for example-Knowing your market and target clientele-MTRs are ideal for corporate travelers -How you operate your MTR is key to success (responsiveness to request, amenities, etc)-Protect yourself with a security deposit and ensure your lease fits your property/marketArticle: https://www.azibo.com/blog/mid-term-rentals-pros-and-cons-fo...Curious on everyone's thoughts on this article and overall market trends!
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26 March 2024 | 16 replies
I am at low 8 digits profit from local RE with just 10 properties including over $2m appreciation on a single property.
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27 March 2024 | 17 replies
@Josh ShamoiliaWith a large loan you will have a large payment that will effect your cash flow.
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26 March 2024 | 25 replies
The interest only payments and rehab funds would allow you to convert the property as desired.
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27 March 2024 | 3 replies
That being said say it takes 2-3 years to move out rents could and likely will be higher and you could potentially refi to a lower payment.