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22 January 2025 | 56 replies
But i'm sure that perspective will increase or decrease as I mature. big difference though in 30 mil in equity in RE and 30 mil in cash after you sold your business or your stock and bond portfolio is worth 30mil.. crypto goes up and down to much LOL.. but I am sure there are plenty of very wealthy crypto dudes and duddets.
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18 December 2024 | 15 replies
page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.
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23 December 2024 | 15 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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19 December 2024 | 7 replies
That must be frustrating.How about price, is it still the 2020 price, or were there a lot of change orders and price increases as well?
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20 December 2024 | 4 replies
@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.
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17 December 2024 | 2 replies
If renting how much will it increase the rent and how long would it take you to make the investment back via the increased rent.
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19 December 2024 | 4 replies
Assuming the Oakland rental market continues to remain stagnant/competitive with newer buildings going up, is property appreciation the only way to increasing wealth with my building?
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18 December 2024 | 9 replies
Asset manager role would be to give advice on property that could be value added and increase the income on a property by small or big tweaks.
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26 December 2024 | 15 replies
I’d recommend looking for properties that already have stable tenants or need minor updates to increase rents down the line.
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18 December 2024 | 5 replies
EXAMPLE: a local HC has a single comcast email address for their entire office - mysteriously, they seem to be always losing emails and asking us to resend multiple times.The good news is they finally increased their max rental amounts a few years ago, so they are now more competitive.