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19 February 2025 | 5 replies
@Matthew Crivelli HUD Section 8 does not pay above market rents.
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25 February 2025 | 1 reply
I want to pay a Monroe County realtor to go through the various areas covered in the list of properties and give me their thoughts about what areas to focus on.
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25 February 2025 | 12 replies
I buy my STR's for fun so that I have cool places I want to go to for my family that pay for themselves and make some money.
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11 January 2025 | 4 replies
Most flat fee listings are willing to work with a buyer's agent and pay the buyer's agent commission.
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22 February 2025 | 0 replies
.- If I pay property taxes online (let's say with a credit card), will my name show up as the payor or will the trust/trustee's?
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24 January 2025 | 4 replies
Option 2: We pay cash to build a small 2/2 cabin initially.
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15 January 2025 | 10 replies
See the illustration below (click to enlarge).Goals“If you don’t know where you are going, you might wind up someplace else.”
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7 February 2025 | 7 replies
I always am amazed when someone selling a $600,000 house brings me a listing agreement where they agreed to pay a stranger $30,000 to list their house for sale and they didn't even read the agreement much less spend the $250 to have a lawyer tell them that yes, if they sell it to their cousin during the listing period they still have to pay the $30k.
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13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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11 February 2025 | 3 replies
Your paying $180 for nothing for now.