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2 September 2024 | 16 replies
I'm surprised that Tucson ranked higher than Scottsdale/Tempe and ASU...the combination of Scottsdale as one of the country's top party towns, with the close proximity of ASU Stadium (5 miles) should put them near the top, I would think....?
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4 September 2024 | 9 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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3 September 2024 | 7 replies
The combined effect is that premium increases will normalize going forward.I have a feeling if I had an investor on the phone that was reading headlines about insurance premium spikes, the above would satisfy them.
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2 September 2024 | 3 replies
A combination of lack of infrastructure partnered with historic highs in population growth specifically in new international students pouring into the area to attend Cape Breton University, has presented less then a 1% vacancy rate on the island.
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29 August 2024 | 0 replies
These figures highlight the strong cash flow potential and attractive returns that new fourplex investments in South Texas can offer.In summary, investing in brand new fourplex buildings in South Texas combines the benefits of modern construction, strategic location, and favorable economic conditions, making it a highly attractive option for those seeking a strong, stable, and profitable real estate investment.
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3 September 2024 | 51 replies
Combining so many strategies into one syndication offering is rarely a great idea.
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3 September 2024 | 7 replies
only you know (or should know) what the numbers are.Obviously the “cash flow” would go towards paying back the HELOC, so we wouldn’t see any of that income for a couple of years. and if you're just paying down the interest on the HELOC and not the principal, then the HELOC will still be due in its entirety after the draw period ends. make sure you are looking at this accurately.We just always hear about people getting started buying their first property, and even on a lot of the webinars we watch they run the numbers, get a couple hundred dollar cash flow deals and call them good. yes - in a lot of cases this is because (1) the assumptions are unrealistic, (2) the buyer bought when interest rates are a lot lower, (3) the buyer is spreading repairs, management and other costs other an entire portfolio and not a single property, (4) the buyer is managing themselves and doing all of the repairs themselves, or (5) some combination.
1 September 2024 | 3 replies
My unit count is much less but the duration is around 50 years (combined my mom’s rentals and my rentals) without paying a tenant to leave or having to do an eviction.
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3 September 2024 | 47 replies
I know legal ownership and beneficiaries can increase that coverage in a number of different combinations, but are there ways you can think of to expand coverage specifically with the solo 401k's?