Ashwin kumar Kovur
OKC rental areas
25 June 2024 | 4 replies
I can help you explore various loan products that suit your needs and maximize your returns.Please feel free to reach out to set up a time to discuss this further.
Marco C. Lopez
Just starting in Real Estate
25 June 2024 | 3 replies
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).
Rahul Garg
Best lender for building loan
23 June 2024 | 13 replies
Some hard money lenders may offer better leverage but the interest rate and origination fees will be higher.
Jesse Edwards
Sharing my Latest Creative Financing
23 June 2024 | 3 replies
So I started trying to get creative on how to create a win-win-win for all.Here’s how it went down:I got the sellers to agree to an asking price of $180k, a full $40k over what they originally wanted.In the offer, we included a seller credit of $34k.This strategy allowed me to cover the extra commission for both the buying and selling agents and ensure the seller got exactly the cash they wanted should they have sold it at 140k.With the seller credit, this reduced my total out-of-pocket expense to just $6k.I used a commercial DSCR loan product with a local bank.
Julie Timm
Tax implications on a 1031 exchange that you gifted but then became a mtg coborrower
25 June 2024 | 2 replies
Then they would most likely get the property tax-free.
Jon Martin
Backlash towards open floor plans: trend reversal or click bait?
25 June 2024 | 39 replies
Of course the usual explanation (excuse) offered for this is something to the effect of how much people like to entertain and need an open floor plan to do so.
Joe S.
Lease option question for Texas
25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
Aleksandra Faust
Long Term Investment in Bay Area
25 June 2024 | 10 replies
It's really hard to beat the long-term wealth building opportunity that the Bay Area offers.
Michael Torku
New Investor - Looking for BRRRRs (Anywhere in U.S.A)
25 June 2024 | 24 replies
The group is open to all, and totally free.
Flavio Vela
JWB Real Estate Cpital
25 June 2024 | 37 replies
I'd suggest following them on Facebook as they really share some great information and details about the services they offer.