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Results (10,000+)
Kevin Weigold Bi-Weekly Rent Payments.
11 April 2024 | 1 reply
They should be able to provide you with that.
Ornella Kaneza 50k in equity and want to pull and invest
8 April 2024 | 4 replies
Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.
Nicole B. Lending One Rental Loans
10 April 2024 | 8 replies
Thanks for providing the honest feedback as well as the update.
Kris Rufino Seller asking for Appraisal
9 April 2024 | 26 replies
This provides you the greatest leverage in negotiating because the seller should disclose the defects to any new buyer and knowing this they are more inclined to come around to the terms you are seeking. 
Chealsi Stocco Recommendations in any state to consider buying investment property
12 April 2024 | 27 replies
I appreciate the information that you have provided!
Bryson Williams Utilities to Pay or Not to Pay ?
11 April 2024 | 7 replies
Contact the utility provider and get a historical average based on the last year of use.
Surock Brown need help creating short term rental in seasonal market
10 April 2024 | 5 replies
How else might I be able to provide value to our guests and make the listing more attractive  in the winter and summer.
Bailey Coleman Commercial Influence? Should I buy this SFR
9 April 2024 | 3 replies
if it's liquor store, it may impact the price.
Shivam Patel Would you recommend investing out of state for a beginner?
12 April 2024 | 36 replies
A garden variety LTR, whether in Houston or Ohio, conventionally financed, is not going to provide meaningful cash flow. 
Patience Echem Needing input on how best to use my cash
11 April 2024 | 40 replies
To provide more information, I am in the Nashville area.