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18 September 2024 | 0 replies
Purchase price: $115,000 Cash invested: $60,000 Sale price: $235,000 Small town reno, great return.
18 September 2024 | 10 replies
Hi Holly,Ballard is a desirable neighborhood, and we have such low inventory in Seattle right now that you should be fine listing when you are ready as long as you have some good guidance on pricing etc!
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18 September 2024 | 3 replies
Why do you think purchase contracts are so long and have such small print?
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18 September 2024 | 2 replies
Worst case i will use a heave down payment using the liquid home equity cash to qualify for that second mortgage.advise 🙏 please
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13 September 2024 | 2 replies
New to Real Estate world, Would love to Invest and generate consistent Cash Flow.
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16 September 2024 | 28 replies
I do remember seeing that a long while back when I looked at them in the past.
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17 September 2024 | 19 replies
Gurus make a great living on selling and cashing out on pipe dreams that newer investors have.
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13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
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11 September 2024 | 21 replies
I started a post yesterday regarding VRBO Terms of Service.
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12 September 2024 | 32 replies
Short term rents are typically higher than long term and could push you over the edge to break even or possibly cashflow.