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30 December 2024 | 13 replies
In our reviews our lake, pool, size of our house and location relative to everything else gets the most mentions.
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7 January 2025 | 0 replies
I learned how much an escrow account check matters to your overall mortgage payment.
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6 January 2025 | 28 replies
When you pay cash for a $400,000 home and rent it out, your rate of return will likely be less than 6%.You could invest in stocks and earn 7% or better.You could put the money in a high-interest savings account and earn up to 5%.I don't understand why anyone would pay cash for real estate, erasing many benefits that increase the rate of return, while exposing themselves to the risk of loss (turnover costs, bad tenants, capex, etc.).
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2 January 2025 | 2 replies
It will cut down on the fake accounts created to promote certain individuals, markets etc.
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28 January 2025 | 19 replies
You are likely in a better financial position on account of that.
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8 January 2025 | 20 replies
It probably won't come close to $150K.Run the numbers if you put the profits into a savings account paying 5% interest and see how that compares
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1 January 2025 | 32 replies
Then they can go to the bank and deposit it into your account with the teller.
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29 January 2025 | 40 replies
My sample size was just a couple hundred but it seemed to be as accurate as propwire which I was trying out for skiptracing.
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15 January 2025 | 18 replies
If you’re not using a 1031 exchange, you’ll need to account for this.Reinvestment Risk: Entering new markets and managing multiple properties may present challenges, especially if you’re unfamiliar with the areas.Alternative StrategiesBefore committing to selling, consider these options:Leverage the Equity (HELOC or Cash-Out Refinance):With a 3.1% loan, selling might not be the best first move.
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28 December 2024 | 7 replies
.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.