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15 July 2024 | 4 replies
Hi Aqsa,I'm bias but then again, I've owned real estate all over and haven't found a better market for sub $100,000 than Toledo.Low entry price pointHigh cashflowEmployed tenants that pay rent onlineDecent areas with well kept homesNot much appreciation so IMO it's a strict cashflow play.If you find and buy off-market you can snag some great deals for sub $60,000 purchase and rehab.Quality of workmanship is the downside and so is motivation of other folks needed to make investing from out of state work.So beware.These are the downsides bit like with any market, you will always have pro's and con's.All the best š
15 July 2024 | 12 replies
I recently purchased a house from my uncle that has a shared well located on the neighbors property.
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16 July 2024 | 5 replies
Hey Pinny,When considering purchasing a turnkey property here are a few key points to keep in mind:Experience and Reviews: Research reviews and testimonials from other investors who have worked with RentToRetirement.
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15 July 2024 | 1 reply
Fourth, we wouldnāt need to take on debt to make the purchase and weāre comfortable with the costs and management of the place given our history with it.If we buy out the relatives, we would likely pay around $295,000, which we have available now.
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15 July 2024 | 3 replies
IĀ helping many clients use their VA loan to purchase properties in IB.
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15 July 2024 | 3 replies
Quote from @Michael Wu: Most investors would be fine with a really nice spreadsheet purchased on etsy for under $10.
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15 July 2024 | 11 replies
Good chance you'll be likeĀ Michael Chang and make enough toĀ purchase a substantial amount of real estate through the rental arbitrage method!Ā
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14 July 2024 | 2 replies
Purchase investorsĀ in or approaching executed agreement should check in with their mortgage professional for a quick updated quote, refinance rates particularly on expiring Jumbo &Ā Super Jumbo mortgages could soon become more enticing.Ā
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15 July 2024 | 8 replies
I think if you set up a brokerage account with the same bank that your business checking account for the LLC is at, you can simply move the money from the checking account into the brokerage account and then purchase something. like USFR, which pays 5.4% in T bills with zero risk of lossĀ or BKN which pays 5.7% in tax freeĀ Municipal bonds if able to tolerate some risk (this gives me a >9% tax effective rate on my cash).
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15 July 2024 | 50 replies
If you are scared in any way about putting money down in any type of investing like purchasing tax liens when your not sure what your doing, you will freeze.