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9 September 2024 | 4 replies
You probably don't NEED a CPA or lawyer for help getting an LLC, but if it's your first time the extra money to know it was done correctly probably doesn't hurt if you can spare it.
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4 September 2024 | 14 replies
Do you think its worth spending time rezoning by working with owners/listing agent or just get on with commercial loans and close the deal and deal with re-zoning once we own it for future purpose.
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8 September 2024 | 0 replies
Unfortunately for them the market at the time was slow.
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8 September 2024 | 0 replies
I decided that was too high at the time but asked him to call me if he would take less.
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9 September 2024 | 8 replies
I have identified i want to go down the Multi Family route, just time to find one that works and get it bought!
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9 September 2024 | 5 replies
I wouldn't wait for interest rates to come down, because they will slowly come down, and you'll be waiting for a long time.
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5 September 2024 | 5 replies
Louisville MSD just increased rates 7% again and this year we are averaging $700/month between water+sewer bill which has basically bankrupt the association as all prior years were budgeted for half of this.
11 September 2024 | 8 replies
Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.
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9 September 2024 | 6 replies
Especially if you're a first-time portfolio buyer, these online platforms can help you raise capital from multiple investors.Work with an experienced commercial real estate broker.
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2 September 2024 | 17 replies
Suppose your STR /property operationally has a hard time handling same-day turns, or your listing has a high BR count/big place and requires more cleaning time/cost.