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7 March 2024 | 13 replies
I'm still pushing for this type of deal except my partner is not interested in the BRRR strategy, he wants to keep the cash flow coming in (since he has bucks one money coming in).
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8 March 2024 | 10 replies
Type of property - Choosing a triplex and fourplex is ideal but a duplex will also work out. 3.
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8 March 2024 | 9 replies
Of course, this depends on loan guidelines at that time, the type of loan you use, and your finances in the future.
8 March 2024 | 13 replies
So I guess a better question would be what type of lender should I look for that will get me the the full 75 percent and also what will the terms be like as far as length of loan and will interest rates be higher than a normal 20 year commercial mortgage.
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7 March 2024 | 4 replies
My business partner also has a lot of knowledge around marketing strategies for this type of STR.
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8 March 2024 | 10 replies
For older demographics, consider the availability of medical centers, entertainment, and restaurants.Buildings/Permits: Assess the city's growth compared to previous years.Determine if the city can accommodate future supply.Government Regulations: Examine the city's efforts and the type of businesses they are targeting.
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7 March 2024 | 12 replies
Alarmist, cut and paste, dont kill the sale types, etc.
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5 March 2024 | 2 replies
I would stick to my guns and abide by the law/lease, but you have to do what works for you.I recommend you really learn the law or tenants will continue to push you around and play you.
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7 March 2024 | 0 replies
What made you interested in investing in this type of deal?
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7 March 2024 | 18 replies
A great book I gift to new RE investors is Profit First by Mike Michalowicz and it goes into detail about what types of accounts to open as a business owner.