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8 July 2024 | 42 replies
That's the kind of talk you'll hear from every get-rich-quick guru on the planet, kind of like "7-Minute Abs" or Hydroxycut weight-loss pills.Just look at what he promises: you don't need to use your own money, you don't need to inspect the properties, you'll spend very little time on the deal, you aren't personally liable for the loans and debt, you'll work less and earn more...This can all be true if you know what you are doing.
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7 July 2024 | 12 replies
It seems a great HVAC guy is really hard to find and worth his weight in gold in Florida.
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8 July 2024 | 15 replies
Yes, this is a very popular method among investors.
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12 July 2024 | 40 replies
What's even more befuddling to me is a popular "guru" who has a dedicated thread on BP of worshippers, is telling people with as little as a $1,000 to $5,000 to their name, that it is profitable lending in 3rd position on a property he is paying full price for on the MLS.
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9 July 2024 | 8 replies
But then, as short-term rentals became ever more popular, Americans tourists started thinking wait a second "We're paying so much for staying for a week at that short-term rental.
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8 July 2024 | 22 replies
With short term investing too, if you have a popular property, I would say that rates almost do not matter because you are making so much money!
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7 July 2024 | 7 replies
For instance, the Poconos have remained a popular option because of its year-round tourism draw, with skiing and lodging in the winter, hiking in the fall, and camping around lakes in the summer.As others have said, going into markets with one draw is risky.
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7 July 2024 | 4 replies
Subject to sales were a lot more popular when interest rates were 15% +( 1979-1983), there were no “due on sale” clauses, and few real estate transactions were occurring.However, there are still some benefits to the seller in particular situations if (1) the seller understands and accepts those risks and (2) certain safeguards are utilized to modify some of those risks.A few possible seller motivations for selling subject to1.
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6 July 2024 | 14 replies
Over the last year rental rates have decreased approximately 7% and with the continued development surrounding the area many renters are feeling the pinch if they want to stay in popular areas located in and around Austin.
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5 July 2024 | 2 replies
I believe the more affordable housing is needed the more popular it will get