Vasundhara Ranjani
Buying FedEx Routes - A Good Idea?
19 May 2024 | 5 replies
I currently own several FedEx routes in South Florida.
Frank Barletta
Is Syracuse, NY really a dump?? Maybe not.
16 May 2024 | 8 replies
Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.
Brandon E
Chatrooms for Real estate investors
19 May 2024 | 39 replies
Maybe better than list status for each user, you could simply show how many people are currently in the chatroom.
Gaurav A.
Dayton Ohio: Neighborhood info needed
20 May 2024 | 27 replies
It can make it tough to get an appraisal to justify current list prices.
Sean Skiver
How to help currrent tenants when you puchase a property, and the new rent is to high
19 May 2024 | 3 replies
What are some creative ways to help the current tenant during the transfer of ownership?
Bob S.
HOA restrictions for rental in North Texas
20 May 2024 | 6 replies
The restriction on rentals that they put up for a vote would have been steep and abrupt: no grandfathering current owners, no gradual phase-in, nothing to mitigate what would have been a great deal of forced investment-home sales in what would have been fairly brief period of time.
Cody Miller
Where to start
19 May 2024 | 10 replies
@Cody Miller,Or you can rent out your current place and find a new primary residence to get better financing options.
Benjamin Sulka
House Hacker Question: Paying the same amount owning vs. renting
20 May 2024 | 10 replies
I had to offer 19% over asking to get this under contract and after renting 1 of the units, I’ll be spending a little over what I currently pay in rent.
Trenton Custard
Cash for 1 home or buy 4 homes with 20% down on each for 139000
19 May 2024 | 3 replies
Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.
Andy Quesada
how does builders participation really work?
19 May 2024 | 0 replies
Currently I have the ability to purchase a single family residence for a price that won't cash flow unless I add an in-law suit of sorts.