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30 June 2024 | 11 replies
Looking at online calculators, a rough value of it is currently 155,000.
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27 June 2024 | 14 replies
I'm based in cape coral and have majority of my portfolio here... you are right on cashflow and I will add appreciation and population trend is planned to be increased due to this city is one of the cities used as an outlet of miami, Orlando and Tampa since they are too expensive... happy to chat whenever you want.
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30 June 2024 | 7 replies
I’d be interested in finding out what creative deals you’ve done either in the past or are currently involved in.
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27 June 2024 | 3 replies
Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.
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1 July 2024 | 22 replies
I am currently reviewing an offer from a buyer to offer seller financing as the owner/seller of a property have paid free and clear.
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30 June 2024 | 9 replies
Currently not sure where to find such deals, would love any input from BP community members
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30 June 2024 | 6 replies
I currently use Follow Up Boss.
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1 July 2024 | 8 replies
The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.
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1 July 2024 | 5 replies
I'm currently under contract for my first MF 4 unit property.
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27 June 2024 | 18 replies
@Connor GoldenInvesting in mid-term homes means you look at what people need, how much they'll pay, how often it's rented, how much homes cost, and what's trending.