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29 April 2024 | 10 replies
Doesn't provide much advantage I grant you but for instance land and industrial are harder to wrap my head around.
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27 April 2024 | 6 replies
Please provide proof of on-time payment of rent, during the tenancy, for existing tenants.What method is currently being used to collect rent?
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27 April 2024 | 3 replies
We recognize not everyone will want to hire a real estate agent, so our offering would provide people will all of the same knowledge and resources for a smaller fee.
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27 April 2024 | 6 replies
It helps to provide more info when framing your ask.My 2 cents,Mike
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27 April 2024 | 12 replies
Your advice will be invaluable in helping me navigate these initial steps and lay a solid foundation for my future in real estate investing.Thank you so much for taking the time to read my post and for any guidance you can provide!
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28 April 2024 | 15 replies
It is limited, but provides some information.
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27 April 2024 | 19 replies
You have to remember that real estate is a long term game, not short term.
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28 April 2024 | 13 replies
Moreover, it turns out our drain connects to the main sewer line six houses away, on another street, at the end of the block.The only solution provided by Citizens Energy is to reroute our connection to a lateral drain across the street.
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26 April 2024 | 21 replies
$1,400 x 12 months x 5 years = -$84,000.Net Worth ROI Calculation (new situation):Appreciation: $108,280Loan Paydown: $31,807Tax Benefits: $0 (b/c you aren’t cash flowing)Rent Avoidance: -$84,000Total Net Worth Increase: $56,087ROI = 56,087/25,000=224.35%Simple interest rate of return = 18.7%/yearHouse hacking can be a great way to build wealth and get into the real estate game.
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27 April 2024 | 2 replies
(So there’s plenty left if you have to sell and pay off the loan while providing plenty of funds if the rehab goes over budget.Then you just figure out how much you want to make if anything.