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27 September 2024 | 6 replies
I lost +$35k on the sale (I did purchase it at the height of the housing bubble, i.e. 2007) and rents were stagnate for almost the entire time I owned the property (I was only able to raise the rent by $50 over 10 years ($550 in 2009 to $600 in 2019).
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23 September 2024 | 4 replies
Does that apply to my own personal property?
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24 September 2024 | 7 replies
The cash flow is okay, it's not great, but the principal pay down on this loan is over $10k per year, and this is a great location, so the property value and rental rate will continue to appreciate over time.
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23 September 2024 | 29 replies
Property taxes are pretty crazy.
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24 September 2024 | 5 replies
They create the team and a plan, acquire, due diligence, take care of loan products (If needed), oversee construction/renovation, hire property manager (or run in house management,) take care of accounting/taxes/K1s, deal with closing or refinancing.An LP (limited partner) just puts in the funds (after hopefully vetting the GP and team) and keeps fingers crossed while earning mailbox money.
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16 September 2024 | 6 replies
Hi,I have 1961 property causing more maintenance issues.
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25 September 2024 | 4 replies
Terms on these property types have fallen considerably in the pst 1-2 months where earlier in the summer interest rates would have been above 7%-8%.
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23 September 2024 | 9 replies
Here's my question, I'm looking at purchasing a 3rd property.
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25 September 2024 | 8 replies
Could you please share what type of properties and investment criteria you're currently looking for?
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26 September 2024 | 14 replies
I see the property is back on the market.