
6 May 2024 | 1 reply
@Travis DalkeThere are 3 main parts to a seller financing deal: down payment, interest rate, and price (4th would be the term).

6 May 2024 | 2 replies
I do not want to refinance the property because of the current interest rate with the owner-financing.

6 May 2024 | 10 replies
The once caveat is that because of the demand pricing in PriceLabs (a surge pricing date) would result in a nightly rate greater than your minimum rate and thus less of a discount then budget.

6 May 2024 | 5 replies
It is found here: https://docs.google.com/spreadsheets/d/1EMfiBygtsfhWk7zm8bKc...The property is here: 217 NW 14th St, Pompano Beach, FL 33060 | MLS #F10434086 | ZillowI sources the property and got comps from Mashvisor, which estimated that rent would be $6258/mo w/ 93% occupancy rate.

6 May 2024 | 5 replies
If the rents end up being taxable in the organization, they'll actually be subject to maximum income tax rates very quickly - much faster than if you just did this personally.There are groups now starting with "socially responsible" investing - effectively a standard partnership/syndicate that is "investing for good" - that would likely be a better structure to avoid 501(c)(3) headaches in a for profit venture.

5 May 2024 | 5 replies
First - Have a conversation with your CPA to see if will be beneficial. it appears that you are unsure based on the phrase "hoping it would benefit us".
5 May 2024 | 7 replies
Why wouldn’t you contact the tenant first and have a conversation about the situation to find out if there is a way to salvage the tenancy?

6 May 2024 | 23 replies
If you don’t have that experience, the lender willing to take the risk will be charging you for it (much higher rates) and that increases risk to you and your investors even further.Gurus will tell you that they can solve these problems for you.

4 May 2024 | 14 replies
If you are 1 BR competing against hotels/motels it will affect your rates.

6 May 2024 | 9 replies
Most lenders will follow a 5,4,3,2,1 Step-down penalty for the lowest rate.