11 July 2024 | 1 reply
I can inspect it and pay someone to manage it but I am on a steep learning curve for building it.
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13 July 2024 | 51 replies
You never know when timing will work out in your favor, but it's not "luck" if you work your system consistently and it eventually pays off :)
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11 July 2024 | 18 replies
And when you want to start investing out of state I would recommend in looking at one particular city to focus on.
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11 July 2024 | 1 reply
Sale-Leasebacks have inherent challenges because the tenant/seller is incentivized to market the property in such a way they get they price they want, but if the entity who signs the lease is weak and there's no personal guarantor, they could stop paying rent the day after you close leaving you high and dry with very little legal remedy.I don't know your market, but in my eyes, any 10% cap offering is either an extremely weak tenant OR a tenant that has very little term remaining with no plans to renew.If I were, you I would very seriously consider how much I like the real estate and what my odds would be of refilling the real estate with the same or better rent and/or a better credit tenant once this tenant goes belly up.
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11 July 2024 | 7 replies
I’m looking for some feedback or advice into this process.Thanks in advance for the feedback.Art Hey Art,You are going to be paying 8-10% for the construction loan, and might be decent amount down.
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11 July 2024 | 2 replies
If you miss the HOA payment, which is different than the transfer fee, the person on title will be notified to pay up.
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11 July 2024 | 4 replies
AFTER paying the public adjuster the claim settlement came out to almost $200k.
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11 July 2024 | 0 replies
Long term tenants in place currently paying below market rent at $1200/M.
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11 July 2024 | 2 replies
Offer some incentives like paying for their move or covering the security deposit and first months rent at their new place.
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11 July 2024 | 9 replies
Currently working as a lab scientist which relatively pays good but then again I'm not sure if I gotta start real estate after years of saving?