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25 December 2024 | 60 replies
Most (virtually all) are giving values below the main ppsf.
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30 December 2024 | 5 replies
Main goal of All In One heloc or 1st Lien Position Heloc: Lower your daily average balance.Main Drawback: Rates are substantially higher than 60% of current 1st mortgage balances.If you are mostly living paycheck to paycheck and your money leaves your account as soon as it comes in to pay bills, this is not for you.
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30 December 2024 | 819 replies
The main problem in the United States is that most of us are NOT taught about money.
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30 December 2024 | 7 replies
Hi Paul,The main risk with buying a wholesale property is that they're usually sold as-is with no contingencies.
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28 December 2024 | 7 replies
I live in a costly area, and this is the main stoppage point of getting me to just jump in.
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27 December 2024 | 6 replies
Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!
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2 January 2025 | 50 replies
You could have those dates booked on Vrbo instead if the dates were open and your ranking on your main platform would be higher which led to more exposure. 99% times, getting a higher ranking on one platform worth way more than picking up a few bookings unless a few bookings are what you are looking for.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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1 January 2025 | 32 replies
UPS box is more expensive, but can do more things such as used as a business entity's main address on record.
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28 December 2024 | 4 replies
Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.