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28 February 2024 | 3 replies
An eviction by an attorney is probably not as expensive as you have heard when you consider only legal and attorney fees.
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28 February 2024 | 8 replies
(To give you some numbers we are all in at 2.1 million and it appraised just shy of $3.2 Million)This was a seller-financed transaction, the terms allowed us to use the ground as collateral and I brought partners in after I got all of the city approvals, and they took over the future expenses for the seller financing note and the other costs like engineering.
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28 February 2024 | 43 replies
The goal of a househack is to eliminate your housing expense as much as possible.
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26 February 2024 | 13 replies
As far as a multi, personally if all things were equal I'd go for the multi for a few reasons. 1) Added diversification.. if one tenant doesn't pay, you can still cover property expenses with the other tenants 2) Shared capex... typically, one roof and one property to maintain but multiple streams of income 3) Less vacancy.. usually multi's rent for lower, for example one of mine is the sweet spot of 3 bedrooms for $1300.
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27 February 2024 | 11 replies
These will provide a strong foundation in the financial industry and enhance your credibility as an investor.It's a terrific idea to pursue a real estate license.
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28 February 2024 | 0 replies
They are expensive (don’t be fooled by the sticker price, on a per/lb basis all packaged and prepared foods are expensive) and are well…full of crap.
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28 February 2024 | 9 replies
There’s going to be a lot more expenses - especially in older properties or ones poorly rehabbed.
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28 February 2024 | 1 reply
This often only makes sense on more expensive properties like an STR vs. entry level LTR.
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26 February 2024 | 15 replies
So correct me if I am wrong but doesn't an increase in rents decrease the cap rate since the property is more stable with a wider spread between gross income and the operating expenses
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28 February 2024 | 0 replies
To ensure that the title is insurable, the seller will need to take necessary actions, at their own expense, to deliver insurable title.