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3 June 2024 | 9 replies
Here are a few considerations to help you decide between a 4-plex and a duplex:Cash Flow and Returns: A 4-plex typically generates more rental income compared to a duplex, potentially offering better cash flow and returns.
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1 June 2024 | 2 replies
I had the floors replaced at one of my rentals. Tiles had to be removed which created a lot of dust. My contractor's workers had the AC at 69 and it stopped working. Repairman said it was the capacitor -so possibly...
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3 June 2024 | 0 replies
We were interested in the condo deal with Cindy and Damon Robbins due to several key factors: High Profit Potential: The purchase price of $294,500 and the sale price of $634,888 offered a significant profit margin.
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3 June 2024 | 8 replies
Lenders will likely require documentation such as bank statements, tax returns, and proof of income.Consider Cross-Border Financing Options: Explore cross-border financing options that allow you to leverage your Canadian assets to secure financing for US properties.
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3 June 2024 | 5 replies
Worst case, figure out which one has less risk and more upside, take that one and offload the second to someone else for a fee and you still get a return on it even if its marginal in comparison.Personally I would offload the family one to avoid that cloud unless you can for sure do them both.Good luck!
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1 June 2024 | 4 replies
STR's are a great investment in this area, occupancy rates are extremely high in the summer, and very high during the spring and fall.
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3 June 2024 | 0 replies
Partner Driven was interested in the Burning Lane deal in Stony Point, NC, due to its high profit potential with a purchase price of $162,000 and a sale price of $290,000.
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1 June 2024 | 4 replies
Just trying to understand what he means and where he means to reinvest the cash flow in order to receive the compounding interest which was described basically like investing in the stock market with an 8% return.
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3 June 2024 | 7 replies
Just out of curiosity why would you recommend an Umbrella policy if the underlying policy already has a high limit of say 500k or 600k?
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3 June 2024 | 9 replies
They are high value areas where people want to live and make great areas for STRs.