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30 May 2024 | 22 replies
consider the opportunity cost of doing this#1) sell house for cash or to a buyer with their own financing from a bank, etc and you get 315K at time zero, you invest that at historic SP500 8.4% return over last 220 yrs and it grows to $3,541,514.46#2) do owner financing and you get 100k up front that invested at 8.4% grows to $1,250,000, plus you get your payments at $1400 x 360 months or $502k, invested grows to $3,265,000 total including the 1.25 mil aboveso you come out 300k better not doing it and you don't have to service the loan and all the other risksremember banks don't even carry mortgage notes after origination, they dump them onto the US taxpayer via illegal-unconstitutional havens like Fannie/Freddie/HUD, and for last 15 yrs the FED has bought every MBS in the country, which frees up the Banks capital to do it again and make the real money on churning the points and feesplus will next 30 yrs have higher inflation than last 30 yrs?
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27 May 2024 | 9 replies
I pulled a free environmental report on NETR Online and it didn't show anything concerning.
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30 May 2024 | 8 replies
You should give them a pest-free home, then make them responsible for ordinary pest control after that.I also recommend educating yourself on how to handle small pests like this, then educating your tenants to handle it themselves.
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30 May 2024 | 27 replies
Buying in Ohio is like playing a video game - you're just looking online and calculating made up numbers to see what looks good.
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29 May 2024 | 10 replies
Feel free to reach out if you have any more specific questions or if you feel like I can help at all.
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30 May 2024 | 93 replies
So he will get some of the profit tax free.
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28 May 2024 | 4 replies
My brother's rental is a little over 1,000s sqft heated living area, so the ADU would only be permitted for 500 sqft in Winston-Salem, according to information I found online .One advantage of an ADU I believe would be the ability to hook up to the primary residence's utilities.
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31 May 2024 | 149 replies
What's the anticipated free fall for this?
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30 May 2024 | 63 replies
You don’t have to necessarily retire with debt-free assets.
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30 May 2024 | 12 replies
Feel free to reach out with any questions.