
20 March 2024 | 4 replies
A lot of insurance companies won't write a third party that doesn't have a financial claim/stake on the property as "additional insured".

20 March 2024 | 0 replies
With a notable increase of 7.2% in cash deals, buyers are wielding their financial prowess to secure their slice of Miami's real estate pie.

19 March 2024 | 11 replies
Nothing concrete, just perception.So I think the personal name is better overall.Just an FYI, an LLC provides little protection from negligence suits.

20 March 2024 | 12 replies
If I lend 30k for someone to close a REO deal then I'll have their car pledged, or have a co-signor that pledges the 30k if it is defaulted.a 2nd lien position with no protection is like going to Vegas and betting on black, only on that bet you win 30k, in a 2nd lien position what do you stand to make on a 30k short term loan?

19 March 2024 | 12 replies
Transitioning into real estate investing can be a lucrative venture, but it's essential to weigh your options and consider your financial goals and risk tolerance carefully.
20 March 2024 | 11 replies
That, or insist they amend the contract to include that language for you as a protection.

19 March 2024 | 0 replies
High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.

19 March 2024 | 46 replies
I just thought that while we are dealing with the $120,000 tuition bill it could help things financially.

18 March 2024 | 35 replies
If it makes sense financially converting it into a long term rental could be the way to go.

19 March 2024 | 4 replies
Hey Rob, if my client or myself was in a similar situation my advice to myself and my client would be... if the profit margins are there, you have the capital to make the deal happen, there's news everywhere about rates being cut in the near future, and it doesn't put your family in any major financial stress by you making this deal happen and more importantly your comfortable!