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29 January 2025 | 9 replies
When you leave, a duplex will typically generate more cash flow as a long term rental than a single family home.
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21 January 2025 | 35 replies
These properties typically turn over once a year as they are mostly student rentals.
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16 January 2025 | 0 replies
While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.
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23 January 2025 | 8 replies
We typically do 4-5 years interest only while paying down the principle balances over time.
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15 January 2025 | 1 reply
While these vendors are typically reputable and skilled, you might not get the best price compared to shopping around directly.
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14 January 2025 | 10 replies
What you will find is they typically appraise for far less than the hands off cost to add the ADU.
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16 January 2025 | 0 replies
While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.
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9 January 2025 | 18 replies
I may explain that while I’d like to buy/finance/invest in his property, I need to earn a certain return on my invested capital for the given amount of risk, and if not able to earn the return on the subject deal than I will on the next deal.
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18 January 2025 | 1 reply
For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.