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11 April 2024 | 15 replies
Even with my team in place (Attorney, CPA, Ins broker, property manager, lender) I was still in at least 10 hours a week.I started moving some of my capital into syndications about 5 years ago.
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11 April 2024 | 40 replies
Pulling out cash to pay interest is not a wise move unless of course the tenants had paid down the debt which in this case they haven’t.
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11 April 2024 | 7 replies
Share these with potential contractors for a rough quote.Once you've got your estimates and you're ready to move forward, ensure everything's detailed in a contract, covering the scope of work, costs, and timelines.Simplifying these steps can make the renovation planning process a lot more manageable.
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10 April 2024 | 4 replies
my accountant doesn't seem to think its possibleYou can certainly move this money into a self directed ira.
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10 April 2024 | 0 replies
find what you really like & don’t like about a home (30-60 days out)Step4: make offers on homes and negotiate the terms - by this point you should be ready to close and move into your new home in the next 30-60 days.Step5: get your offer accepted!
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9 April 2024 | 1 reply
🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 7.01%30-year VA rate today is 6.46% 💰 Median Sales Price:February: $460,000March: $475,000📈 New Listings:February: 1,669March: 1,798📅 Median Days on Market Until Sale:February: 21March: 16⚾ Oakland A's Move to Sacramento for Interim Ballpark: The Oakland A's have announced their relocation to Sutter Health Park in Sacramento starting next season, sharing the Minor League stadium with the San Francisco Giants' Triple A team, the Rivercats.
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9 April 2024 | 16 replies
The multi-family market in the city I'm moving to has been very slim for the past 6-12 months.
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9 April 2024 | 5 replies
It seems unrealistic that she will pay for 2 months after moving out of the apartment.
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11 April 2024 | 23 replies
Hey Justin, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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10 April 2024 | 7 replies
So many rookie moves, and so many things I'm kicking myself over, but I share this story so others can learn as well, that even in landlord friendly states, things can take a long long time.