10 November 2024 | 1 reply
I hit 2 years at this home and tried crunching some numbers to see how much I would need to sell my current home for to break even with escrow/interest/reno costs.
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10 November 2024 | 1 reply
It's a great opportunity to be here and one thing that brought me to this community is the idea that we will not swindle grandma but we want everyone to benefit from our deal.
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7 November 2024 | 12 replies
However, I recently discovered that I'm missing about one-third of the rental income, and no explanation was provided. ( Actually, I just checked my account to get money: 10/2 $500, 10/17$700, 10/28$500).Originally, I understood that the management fee would be 10% of the rental income.
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7 November 2024 | 7 replies
I know that would be the easiest approach but wondering your thoughts.2.
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9 November 2024 | 27 replies
On eventbrite you can see they hold numerous "free" one-day masterclass events across many states (mostly in FL and CA): https://www.eventbrite.com/o/multifamily-mindset-33157729673And I came across a review from an online blog that goes into more detail about MFM: https://ippei.com/multifamily-mindset/Since I think I would be way over my head with multifamily I would not attend their 3-day event at this time.
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6 November 2024 | 6 replies
College students may appreciate a quiet study area or a place to visit with guests while their roommate studies in the apartment.Maybe there's a need for a coffee shop or other small business that needs very little room but also provides a service your tenants would be interested in?
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8 November 2024 | 5 replies
They should be very clear about all the property you sell, including your personal residence or investment property.
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9 November 2024 | 10 replies
Every local bank does dscr loans, 20yr term, with 3 or 5 yr rate reset, you might be able to get 25yr term but all will require personal guarantee to start and 3 yr historical financials.
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7 November 2024 | 4 replies
Hello, everyone, I would like to speak with an attorney about my options to set up a partnership but I’m unsure about what type of attorney I will need for each potential situation.
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7 November 2024 | 3 replies
If the mortgage product affects the answer, it would be a traditional investment property mortgage, not a DSCR loan.