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14 February 2024 | 8 replies
Should I leave as is and cover it with a mesh cover for $2800 (really considering this), put a new liner in for 8k (not including new mechanics), or just fill it (don't know the cost on filling at this time)?
14 February 2024 | 8 replies
Hey @Theiborh Almanzar - now is a good time to actually speak with a lender about this and make sure you include your other 2 siblings into the conversation as well.
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14 February 2024 | 1 reply
It’s important to ensure that the borrowed funds are directly used for the acquisition or improvement of the rental property to qualify.Other Considerations:Equity Use: Ensure that the use of equity from Property A for Property B aligns with your long-term investment strategy and does not over-leverage your investments.Loan Terms: Consider the terms of any loan or line of credit carefully, including interest rates, repayment terms, and any potential impact on your cash flow.Conclusion:Leveraging equity from one investment property to purchase another can be a powerful way to expand your real estate portfolio.
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14 February 2024 | 1 reply
We are going to convert our current primary into a rental, and it will likely cash-flow well enough (including capex, maintenance, vacancy etc.) to also cover the loan repayment on a $60K home equity loan amortized over 25 years.
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14 February 2024 | 1 reply
The strategies we cover include buy and hold, house hacking, fix and flip, REITs, short-term rentals, and real estate crowdfunding.
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14 February 2024 | 7 replies
Some benefits are you don't have to worry about the tenants not including their location if they email you from a different address and changing PMs won't require changing your contact info.
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15 February 2024 | 37 replies
My guess is they're not including property taxes (not to mention capex, property management etc.)
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14 February 2024 | 2 replies
Your city likely has laws about maintaining property, including the cost of damages to neighboring properties.
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14 February 2024 | 11 replies
That includes professional carpet cleaner, minor touch-up/paint.
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14 February 2024 | 3 replies
I recommend you include some of your key qualification criteria in the advertisement.