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25 June 2024 | 2 replies
Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?
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26 June 2024 | 16 replies
Airbnb makes it too easy and I enjoy meeting the people.The trick is to develop a process and stick to it.
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28 June 2024 | 21 replies
What tactics would you use with your spouse to get him or her interested in sharing a too-big house with nice people you choose that you may not even see frequently in order to pay a very low monthly net rent and maximize the ROI on your primary residence rehab?
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26 June 2024 | 32 replies
the trick is that you move when DSCR in that property is DSCR 1.0 ; so this is the basic concept, once you apply to different primary, they would offset that income to 0.75 DSCR.
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24 June 2024 | 4 replies
Any one have any tricks/tips on figuring this out before development occurs so that we can try to front run it?
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24 June 2024 | 3 replies
I think one other trick there is the season.
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26 June 2024 | 22 replies
I like the idea of frequent accountability and the focus on imperfect action.
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24 June 2024 | 4 replies
This is considered a personal home - even though it has rental income, so you only have to have 3.5% down frequently, not the 20% down it takes to buy a true investment property.
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25 June 2024 | 18 replies
You might be better off flipping the contract if you find deals frequently but do not have the capital.
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26 June 2024 | 33 replies
The market is up and down and frequently sifts.