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18 July 2024 | 1 reply
You hv to think - for $10,000, why will they not allow you to speak 🤔 Seriously, it's a joke.
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22 July 2024 | 2 replies
Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.
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22 July 2024 | 10 replies
I think both areas are great.
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21 July 2024 | 2 replies
Ultimately it's a matter of preference and deal dependent, and inspections are not necessary if you're confident in the price you are getting Appreciate the reply, I think I'm on the same page, not sure why did it on the last home reallyÂ
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18 July 2024 | 7 replies
There's land in a nearby town that I think would be perfect for a mobile home or RV/camper park.
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21 July 2024 | 3 replies
Unless I did go wrong somewhere.Monthly cash flow: -$8,830The income: $2,500/moExpenses: $11,330CoC ROI: -129.48%5 Year annualized return: 0.00%Mortgage Payment: $3,015.49Loan Details: Total Cash Needed is $81,841I think I input everything correctly.
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21 July 2024 | 1 reply
I think tenants in areas with rent control will say that it is great.Â
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20 July 2024 | 5 replies
If you demolished inside and they see it you cannot get a standard HELOC you will need to go hard money as most lenders are going to tell you that any worker who stepped on the site can lien the property and HELOC's do not use a new full title report, they rely on the title report of the last sale (again like I started with if people DIY record after closing it's a problem).Â
22 July 2024 | 7 replies
Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms  now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit
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19 July 2024 | 7 replies
I recommend you print, study, and highlight the HUD guide: https://www.hud.gov/sites/dfiles/PA/documents/HUDAsstAnimalN...You should also check with a local HUD office to see if they have any additional guidance they can provide you.Keep in mind, not everyone is subject to Fair Housing requirements and you may be exempt from allowing the ESA!Â