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29 July 2024 | 5 replies
Option 1: Keep the home and rent it and cash flow about $2,000 per month while it appreciates.Option 2: Sell the home and cash out.Option 3: 1031 exchange the home into 4-6 units in Knoxville which would be about the same value.More info: Riverside as you all know is a great appreciating market but not landlord-friendly being in CA.
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29 July 2024 | 11 replies
@Jenna MeditzThere are MANY new options on the market, RentRedi, TenantCloud, Apartments.com, Hemlane, Rentec.
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29 July 2024 | 1 reply
You got me excited.I thought it was in Toledo, Ohio lolWong market mate.Might as well be in Toledo in Spain haha
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29 July 2024 | 2 replies
@Brenda FreemanI think seller finance can make sense when you can get an at or above market price; you don't need the proceeds; you want the monthly income; and delaying the proceeds will make sense from a tax perspective.If you are saying there's an existing mortgage you would have to pay off yourself, then I don't think that makes any sense - why would you want to invest your own cash to make this work?
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29 July 2024 | 2 replies
After Fort Worth and before Austin, the other two cities in the top 5 were Phoenix, Arizona (No. 3) and Sacramento, California (No. 4).Other Texas cities in the top 25 best large economic boomtowns were El Paso (No. 16) and San Antonio (No. 23).We've seen major growth in the Sacramento real estate market.
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29 July 2024 | 3 replies
From there, we'd look into repeating the process with other multi-family or single-family units.A bit about us: I work in corporate marketing, and my husband works in corporate accounting.
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29 July 2024 | 0 replies
The house has been on the market but traffic is slow - not sure if this is due to the current environment or something specific I should address within my listing (we've already adjusted the price).
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30 July 2024 | 19 replies
I'd find off-market deals, do some cosmetic updates, and then refinance.
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29 July 2024 | 3 replies
Given the high interest rates and the need for additional cash, it might be better to wait until market conditions improve.
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29 July 2024 | 3 replies
Quote from @Maggie Hamill: I believe the earliest date you can use is the day it was marketed as available, but I'm not an expert.