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30 July 2024 | 6 replies
Regarding an attorney, it depends what you're looking to speak with them about - i.e. entity structure, partnerships, property acquisition, contract terms, etc.Anything related to a property or a deal can wait until the week of (sometimes the day before) contract review.For starters, I would recommend attending local investor meetups.
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30 July 2024 | 2 replies
Also, if they require a full appraisal on a short term loan, that is an issue as well.
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31 July 2024 | 2 replies
I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+).
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31 July 2024 | 13 replies
That might make you more willing to tolerate them.You would probably want to terminate the lease in lieu of eviction if they are past the initial term.
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28 July 2024 | 6 replies
So a CRE crash will indirectly hit the economy hard, I still believe SFR is a quality, long-term scarcity hard asset worth investing in.
26 July 2024 | 49 replies
For those 2019 properties, even if they have fixed rate, long term loans, when the loan transitions from Interest Only to Amortizing, that can eat a lot of cash flow.
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31 July 2024 | 3 replies
I am pro coast CA market but no one that I am aware of claims it is a good cash flow market in the near term.
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29 July 2024 | 9 replies
Prepayment penalties- usually 1-5 year terms.
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27 July 2024 | 0 replies
Is pasadena tx a good place to own rentals for the long term?
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30 July 2024 | 0 replies
Purchase price: $350,000 Cash invested: $100,000 Sale price: $875,000 Stamford water view single family home on Long Island Sound.