
25 July 2024 | 14 replies
When I am reaching out to few lenders, either I am hearing that long term rental loan isn't there for > 8-10 units OR can't do the loan because the loan amount is lesser.

25 July 2024 | 4 replies
I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.

26 July 2024 | 0 replies
Efficient negotiations secured the property for $93,000 on favorable terms.
24 July 2024 | 6 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

26 July 2024 | 18 replies
I can’t stay in or work or furnish services on my long term rentals that are in my SDIRA.

25 July 2024 | 62 replies
I suspect that markets with landlord and developer friendly policies will see more growth, in terms of populations, jobs, etc.

24 July 2024 | 3 replies
Would love to hear how this property is going for you and I would also love to hear about some of your details of syndicating a property of this size and purchase price.

26 July 2024 | 5 replies
We use a company that sets up all of our long and short term holds in LLC's and our parent company is filed in Wyoming due to all information being protected and not publicly available from the LLC.

26 July 2024 | 4 replies
This would consolidate your debt into a single mortgage with better terms.

26 July 2024 | 0 replies
Efficient negotiations secured the property for $155,000 on favorable terms.