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4 February 2025 | 9 replies
The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)
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8 February 2025 | 9 replies
Hello Michael Baum new here and to STR, would you mind sharing with me as well?
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6 February 2025 | 42 replies
STRs work best in tourist-heavy areas with high demand, while LTRs perform well in markets with stable economies and diverse job opportunities.
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7 February 2025 | 9 replies
This post can be informational:https://www.biggerpockets.com/forums/51/topics/1088325-expla...as well as this discussion:https://www.biggerpockets.com/forums/51/topics/1225072-do-i-...A lot more of similar older threads can be found on this very forum.
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14 February 2025 | 7 replies
Timelines, budgets, quality of finishes, they all need to go well for your exit and if your in bed with a GC that only cares about himself then all those things will not go right for you, but he'll still get his money.People really underestimate the following:1) The cash they need to close and carry the project2) How hard it is to have a GC stick to what they promise3) How long it may take to exit through a sale
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6 February 2025 | 6 replies
I’m actually looking into an ADU as well with him.
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28 February 2025 | 13 replies
Train them well and take care of them, give them guidance and structure and hold them accountable.
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28 February 2025 | 11 replies
Works well for motivated sellers or properties with no mortgage.4.
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12 February 2025 | 6 replies
MD/VA licensees are common, having a WV license as well as the other 2 isnt that common in the area.
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5 February 2025 | 4 replies
But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).