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18 March 2024 | 2 replies
I guess the question came to mind after a book Iam reading.
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19 March 2024 | 12 replies
I actually lived in Uptown myself for a bit and really enjoyed the big D.
20 March 2024 | 8 replies
It looks like in your state (CT) like my state PA that electricity is de-regulated meaning that the consumer can actually choose the company that generates the electricity separate of the one that maintains the physical lines and handles billing.
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19 March 2024 | 16 replies
These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.
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19 March 2024 | 3 replies
Seen some deals where it actually nets way less then LTR as too much supply.
18 March 2024 | 29 replies
For majority of people I actually think self-management is the best route.
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18 March 2024 | 6 replies
I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.
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19 March 2024 | 21 replies
Even if you do have assets, and the cost is high, such as in NH where the transfer tax is cost prohibitive, he compares the possible benefits to the actual cost.He has an associate who does the actual return, and with whom he works closely.
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19 March 2024 | 214 replies
Weekdays during the day are best for me - though I'm guessing not great for everyone else.
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19 March 2024 | 18 replies
Question on reply to another user about: What actually makes a market better or worse to try and implement the BRRRR strategy.