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2 February 2025 | 7 replies
Most sellers are going to want 20-25% down as it’s going to cost them 10% to sell.
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28 January 2025 | 2 replies
You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.
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5 February 2025 | 16 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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6 February 2025 | 18 replies
@Ben Syzek with $50k, you're probably looking at a property with a total cost (purchase price + reno) around $250k.
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22 January 2025 | 12 replies
I personally do not prefer to hold high cost SFRs as LTR investments.
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11 February 2025 | 12 replies
Since rental losses are typically passive, the best way to offset W-2 income is through Real Estate Professional Status (REPS) (750+ hours) or Short-Term Rentals (STRs) (100+ hours and more time than anyone else managing the property), which allow real estate losses, including depreciation, to offset active income.A cost segregation study accelerates depreciation, generating large upfront deductions.
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11 February 2025 | 7 replies
In my market the valuation with f/f non commercial financing is typically lower than the hands off cost of adding the ADU.
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10 February 2025 | 16 replies
There is a monthly fee associated for this but if the tenant is serious you can offer it to them at cost.
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11 February 2025 | 3 replies
It's basically built on top of WordPress core and they made it simple and easy to navigate.Where in wordpress, you have to get some plugins (some are also monthly paid) to achieve the same kind of functionality.As @Todd Heitner mentioned, SEO is not just about having a good hosting/platform and features, it's about utilizing the features in a way so your brand has visibility and people that come into your website gets proper value of their time spent.Here's a table comparison for you that I wrote earlier:Now whether you have a carrot or a wordpress site, for SEO, you will need:- Website Credibility (Personalisation)- On Page SEO (Keywords, Titles, Meta Tags, Description, Image ALT Tags & Optimization etc)- Monthly Content Publishing (Regular Blogs & Location Pages)- Monthly OFF Page SEO (Citations, BacklinksNow if you consider the cost, end of the day it's quite same for both the platforms.But if you are starting fresh, I see no point of having their 180$ plan, you can continue with 89$/month plan from carrot and assign someone in your team to put regular blog posts and update the location pages.
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11 February 2025 | 0 replies
There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.