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8 July 2024 | 0 replies
Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.
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8 July 2024 | 6 replies
If they did open it up like that...it would allow thousands and thousands of people to get VA loans but it doesn't seem to be accurate.
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8 July 2024 | 15 replies
We started doing free REI seminars this year, postcards are always consistent and SEO a little referral as well but its hit or miss and people forget about you after a week or two unless they follow our socials to stay top of mind.
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5 July 2024 | 7 replies
You could choose to have an extra refrigerator on hand.
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7 July 2024 | 15 replies
Hey BP people, I created a spreadsheet to help underwrite and analyze airbnb and short term rentals.
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8 July 2024 | 5 replies
Given that many people have said the average price to build in California is $200 and above per square foot, I became worried.Do you think building a 2-bedroom, 1-bathroom home measuring 550 sqft is feasible at this cost?
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8 July 2024 | 11 replies
lol.Yeah, it sounds great if people can actually pull it off and there are avenues to get it done.
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7 July 2024 | 19 replies
Most people prefer a detached property with some land on it because they're easier to resell than a duplex one.
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8 July 2024 | 9 replies
Hi Jada and Welcome,I believe in coaching for some people and not for others.
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7 July 2024 | 5 replies
Some real quick items here:VA Loans are for Primary HomesYou can use VA Loans for 1-4 unit properties (House Hacking)VA Loans have 0% downpayment (most of the time)You can have more than 1 VA loan (some people don't know that)VA Loans do carry a "funding fee" which is like a little "tax" to write the loan, but it is waived if you are a disabled veteran.VA Loans do not have PMI (and that's a huge benefit for us)VA Loans also have a very streamlined refinance feature (called a VA IRRRRL) which makes it super easy to refinance if rates were to fall (hopefully that will occur in the future)VA Loans can also be used by a surviving spouse.The VA may not give us the best health benefits but they can certainly get us into debt!