
11 August 2024 | 5 replies
Looking for referral for great North Myrtle Beach manager for my rental property

12 August 2024 | 1 reply
I have several rental properties that are in personal name and I heard I have to do a quit claim deed but can some explain what is the purpose on doing this , thanks

12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

12 August 2024 | 4 replies
We have a few lenders that will go 90% LTC on flips and 80% LTV on rental properties in the OH market.

12 August 2024 | 2 replies
Purchase price: $390,000 Cash invested: $150,000 Rezoned to allow for ADU and am currently finalizing plans to add a second story and redevelop the 3-car detached garage into an medium term rental with an ADU above the garage.

12 August 2024 | 30 replies
As long as the rental income covers the new mortgage payment, you qualify.

13 August 2024 | 5 replies
I'm looking at home equity loans for another rental property we own currently.More than likely, we'll have to put the property back on the market and find some cash to cover the difference between current construction draws and sale price.It's an expensive mistake - but we'll be back again to fight another day.

13 August 2024 | 8 replies
Otherwise my dad owning rentals all throughout childhood always had some funny problem in one way or another.

11 August 2024 | 18 replies
I currently have 4 rental properties and am about to close on the 5th.

12 August 2024 | 4 replies
The best strategy in Mexico is holding short-term rentals and it's often even better than in the US because of the high cash flows and the almost guaranteed lack of regulations, which is a huge problem in the Us another developed countries.