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24 December 2024 | 6 replies
So we are doing a double flip with both the house and the land.
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27 December 2024 | 66 replies
Here is my case for over valued in general:- over a decade in f unprecedented price increases- rates have doubled significantly raising the cost of a high LTV purchases, but in most markets there have been no corresponding price decrease
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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11 January 2025 | 420 replies
The payment is determined by the balance owing or the average daily balance - check the terms of your HELOC to determine what it is in your specific case - plus the interest on that balance for the payment period.If you can manage your HELOC payments so you're throwing big chunks at your 1st on a regular schedule you'll payoff your 1st much faster than making double payments or any of that.I don't have the numbers or the charts right at hand, but yes - using this technique, you CAN payoff a 30-year fixed in as little as seven years ... nine to ten is more likely, however.Note, however, that every time you take a big chunk out on your HELOC your credit will take a hit: the spike in utilization will lower your score and impact your credit profile.
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25 December 2024 | 12 replies
If the tenant has a reasonable explanation and a solid plan on how to recover we will work with them.You are asking the right question: how are you planning to pay double rent next month?
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26 December 2024 | 7 replies
Instead of trying to actively manage investments in singles and doubles have you considered investing passively in syndications?
1 January 2025 | 24 replies
Learn how to consistently hit singles and doubles.
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15 December 2024 | 2 replies
Acquired a double lot for $112k after resolving title issues and paid $360k for construction, creating a 6-bed, 5-bath house designed for co-living or multi-gen use.
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28 December 2024 | 3 replies
Also has room for adding another bedroom, and an above garage apartment making it a 3k/month property after some sweat and it's rented out.
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8 January 2025 | 38 replies
If it’s the cost of 3-4 months of electricity it’s probably pretty reasonable as my 1 bedroom units tend to run $35-$45 per month.