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30 November 2024 | 1 reply
Solar Roof Lease: Entered into 20-yr agreement at $10K/month to lease roof What was the outcome?
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10 December 2024 | 25 replies
I wouldn't let anyone tell you not to do it in 2024 unless you simply don't want to.
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30 November 2024 | 0 replies
Solar Roof Lease: Entered into 20-yr agreement at $10K/month to lease roof What was the outcome?
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5 December 2024 | 6 replies
(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months.
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2 December 2024 | 3 replies
I would have talked to them BEFORE cancelling the painter and given them the option of which way to go, but since you already cancelled the painter I would simply charge them prorated rent for the 5 days until the painting is complete and deduct that from their deposit.
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2 December 2024 | 10 replies
I simply take a picture, text it to the tenant and they add the payment to their next month’s rent payment.
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1 December 2024 | 91 replies
It's easy to simply say "no" to folks who don't offer this.
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3 December 2024 | 10 replies
Cash flowing at 5% down was possible about 3 years ago—but that ship may have since sailed.Now, you’re left with two options: you can either pony up more cash per deal, or you can potentially look out of state for markets with more favorable rent-to-price ratios.Or…you can wait for rates to decline, but I don’t know how much a 100 or 150 basis point rate cut in the next year will really move the needle.That said, some firms (usually new construction companies, turnkey providers, etc.) will enter into forward commitments with lenders at institutional rates and then pass cost interest rate savings onto end buyers to entice them to purchase a property.
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3 December 2024 | 8 replies
If it's simply cash flow--irrespective of hard assets-- then you're better off buying some form of debt.
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5 December 2024 | 11 replies
I purchased my first two multi-unit properties using data and they've doubled in value in 5 years simply because my metric was population growth and movement. 3.