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11 February 2025 | 13 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
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24 February 2025 | 24 replies
Unmasking the Real Estate Wealth Myth | Nasdaqa short article from Nasdaq debunking this social media myth, at least in the US.
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25 February 2025 | 2 replies
.✅ House Hacking – How to Live for Free While Building WealthHouse hacking is where you buy a property with multiple units, live in one, and rent out the others to cover your mortgage or generate additional income.
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24 February 2025 | 7 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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5 February 2025 | 4 replies
Collateralized Private Loan – Some private money lenders (PMLs) may allow you to pledge one of your properties as collateral for a short-term loan. 4.
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16 February 2025 | 1 reply
But then, something incredible happened—his business started thriving.With fewer daily distractions, Michael had time to find new investment deals, build relationships with private lenders, and even take a vacation.His portfolio doubled in size within two years.And for the first time in a decade, he wasn’t stressed.The Lesson: Let Go to GrowMichael realized the secret of successful investors: You don’t build wealth by working harder—you build wealth by working smarter.By letting go, he gained more than just free time—he gained a scalable, sustainable business that could grow without burning him out.Are You Like Michael?
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12 February 2025 | 4 replies
If you have any more questions, feel free to DM me.
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24 February 2025 | 7 replies
For most lenders, they wanna see a 12 year lease in order to count the income to help your debt income ratio. there are not many lenders that I know of that will include short term or midterm income as part of the income side of your DTI.
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26 February 2025 | 69 replies
I am passionate about mobile home parks and am quite familiar with the MHP investment space, so feel free to PM me and I will do my best to offer perspective and point you in the right direction.
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21 January 2025 | 21 replies
We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.