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12 July 2024 | 4 replies
@Kevin DuongShort-Stay Rentals (STR) can bring in a lot of cash but also come with high costs for when guests come and go and tough rules.
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12 July 2024 | 8 replies
My experience was getting my personal credit utilization high as I bought product for my business, and subsequently my FICO went low; therefore financing was increasingly difficult.
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10 July 2024 | 34 replies
I am undereducated on most other states but I imagine CO, CA, TN, NY etc all have thriving locations as well, just unsure about their regulations and returns especially in the high tax states.
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11 July 2024 | 15 replies
What the law does do is create tenants in perpetuity which means I can't decide I don't want to continue to rent to a tenant who has lived in the property for over 12 months and tell them to move at the end of their lease.
11 July 2024 | 1 reply
I am planning either a 3-story 27 unit apartment building OR if I can purchase the combined 0.8ac parcels on each side of me, construct a gated condo community with end to end road access.
10 July 2024 | 4 replies
During that year we had 2 offers yet they backed out of the deal at the end.
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12 July 2024 | 7 replies
Partnering with experienced investors can provide valuable insights.5.Creative Financing:Explore creative financing options like seller financing or private lenders to secure better terms.6.Rent by the Bedroom:In high-demand areas, renting by the bedroom can boost your rental income significantly.7.Local Market Analysis:Stay updated on local market trends and network with other investors for insights and opportunities.Always analyze potential investments thoroughly and run detailed cash flow projections.
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10 July 2024 | 35 replies
Usually it is the end user who is buying the home to live in.2.
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10 July 2024 | 11 replies
If I jump to the end of this story first, I will tell you that at 7% interest and high market values, very little cash flows well when you take into consideration principle, interest taxes, insurance, and a $100 maintenance reserve… at least where I live in Florida - but we have really high insurance rates.
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10 July 2024 | 31 replies
Regarding the cabinets, do you see how the lower edge of that cabinet on the end is looking like it is a bit warped or peeling?