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4 July 2024 | 3 replies
Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.
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2 July 2024 | 5 replies
Dear fellow members, I am confronted with a weird accusation that I haven’t seen in 15 years of managing student rentals.
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5 July 2024 | 11 replies
I'm just over the hill in Reno, NV (moved from Marin County) and a lot of parents in the area do the same thing w/ student rentals near UNR.
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10 July 2024 | 87 replies
He says everyone in all the surrounding towns uses this agent and he used the agent when he had purchased long ago (maybe 15 years prior).Fortunately my first foreign exchange student in now a lawyer for the German government and her husband is a German judge.
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1 July 2024 | 4 replies
You can always sell without an agent, but it could cost you more money and more importantly, money in the long run..think of it like this…maybe a strong buyers broker would’ve urged more caution with the initial purchase?
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3 July 2024 | 14 replies
Here’s what Zillow shows:Credit score is about 640one time payments: 81%total debt $15k open accounts are all student loans which has a note that says dispute resolved - consumer disagrees.
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2 July 2024 | 15 replies
Mobile Homes treated me and my students really well!
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1 July 2024 | 6 replies
However, I also have significant student loan debt.
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2 July 2024 | 7 replies
But no more than 1 purchase a year, so it could be a SFH I buy to do STR or Student Housing or a multi-family in a cheaper market.
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2 July 2024 | 73 replies
I'll skip over that and give a very brief list of some other items I tell my students in the Airbnb class I teach here in Denver.