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23 January 2025 | 7 replies
I don't think enough people consider this aspect.Selling Stock: Selling part of your portfolio could work, but the 15% capital gains tax might make this an expensive choice unless the stock has underperformed or you’re diversifying away from riskier investments.HELOC: Using a HELOC on an existing property is a flexible and relatively low-cost option.
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17 January 2025 | 3 replies
The area has certain advantages like shelter from regulation risk (pretty much as low as anywhere in the country if you buy in the approved STR tourist zones) and long term security (people aren't going to stop going to Orlando anytime soon).
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13 January 2025 | 16 replies
Zillow says its worth $240,000, which I think is low, and would rent for over $2,000.
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21 January 2025 | 10 replies
That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.
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16 January 2025 | 10 replies
Perhaps reach out to local agents who work with a lot of buyers in your market and see if any of them need a place to rent while they house shop (inventory is still low).
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16 January 2025 | 4 replies
I've seen some as low as 6k and as much as 14k annually.
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23 January 2025 | 11 replies
Really interested in investing in this market and would accept a relatively low return (or even a break even scenario because i believe in continued appreciation potential here).
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20 January 2025 | 8 replies
Buy low sell high..
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27 January 2025 | 12 replies
I would connect with other investors and go to a few free/low-cost meetups to start and learn from them the strategy and how they learned to do what they did.
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13 January 2025 | 8 replies
Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.