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10 January 2025 | 17 replies
In the meantime, if rental income is able to pay for the cost of the mortgages then I frankly do not really care what the interest rates are.
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7 January 2025 | 8 replies
Our 8-unit buildings have one roof, one foundation, and one structure to take care of.
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6 January 2025 | 31 replies
When buying a laundromat, it’s crucial to evaluate the financials carefully.
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29 December 2024 | 15 replies
Quote from @Jamie Banks: Here's a few things I include in my MTR lease- Utility caps- Outline of the furniture that is included- Details regarding which utilities are included- Outline who is responsible for lawn care / snow removal- List of fees (admin fee, cleaning fee, etc) Hi Jamie!
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3 January 2025 | 12 replies
The previous tenant was a slob and definitely didn't take care of the property.
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6 January 2025 | 8 replies
Hi Shayan, You will be able to close on properties quickly and have access to rehab funds immediately if you are able to qualify for a HELOC that can cover both the purchase and rehab.You should be careful though as if you cannot sell the property or you run out of rehab funding, you may end up being over leveraged.
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31 December 2024 | 3 replies
Best bet is to carefully analyze the zoning maps and regulations or just call the town and ask.
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2 January 2025 | 36 replies
Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
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10 January 2025 | 67 replies
Syndications (but be careful here...I've seen syndications go bad as well), DSTs, Private Lending, etc.
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19 January 2025 | 46 replies
If you do say South Korea it’s a fast process because the above type issues are already taken care of.6.