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5 May 2024 | 5 replies
You could do a cash out refinance and rent it out while getting the cash out of the deal - but if you have zero reasons to keep (no cash flow or no appreciation), it may not make sense.
6 May 2024 | 12 replies
Raising the rents gradually to $1600 for 3B units and $1300 for 2B units seems reasonable, especially considering the significant gap between the current rents and the fair market rates in your area.
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4 May 2024 | 23 replies
Though it sounds straightforward to hire a PM and get the property rented, for some reason it gives me cold feet.
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4 May 2024 | 35 replies
Hopefully she is reasonable and isn't actively trying to fleece me.
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5 May 2024 | 7 replies
Finally, while on rare occasions real property does change hands a an extreme discount to market value, in the vast majority of the time a buyer, especially one without much experience thinks they’ve stump;ed across the “deal of the century”, they’ve mispriced the actual value because of something not readily apparent hasn’t been considered.
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3 May 2024 | 7 replies
The reason more money is made in commercial is because its a greater price point.
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4 May 2024 | 9 replies
That said, it’s for those same reasons that the cost barrier to entry to far less in those markets in comparison to others, which is a trade off, I know.
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5 May 2024 | 15 replies
Unfortunately, you have to call these OTA's many times over until you get a customer service rep who sympathizes, is knowledgeable about the platform rules and is willing to actually help you.If you don't want to ride it out, i think you have options.
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4 May 2024 | 3 replies
There is no practical reason to talk to planning and zoning before reading and understanding this chapter in its entirety because you want to convey to the town official your plan and how it fits within the planning and zoning requirements.
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5 May 2024 | 4 replies
Sometimes I contact people with a question about their experience, and often they are happy to answer, but this doesn't create any momentum to build a relationship in the long run.I'm actually considering moving somewhere else where there are more opportunities (e.g. more REI meetups), but I'm not sure this will automatically solve the issue I described for the LinkedIn approach.