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9 August 2024 | 18 replies
•Management complexity: Owning multiple rental properties can be complex and time-consuming.
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14 August 2024 | 5 replies
You may just want to give it some time.
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15 August 2024 | 6 replies
Lawyers know just by looking you up, that it's not worth their time or effort to take the case on.
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15 August 2024 | 9 replies
How it goes from here is dependent on the market, how the deal is financed, the sponsor's plan to patch things up, and the skill/ability of the sponsor.If you have some time, check out this forum thread, it has 279 responses as of today: https://www.biggerpockets.com/forums/960/topics/1185204-ashc...I think you'll find some useful input there.
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16 August 2024 | 10 replies
Thanks for taking the time to respond.
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16 August 2024 | 5 replies
Would it be better to take a 401k loan that you could pay back over time?
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14 August 2024 | 1 reply
Get ready to spend some serious time shopping insurance and make sure to get rental income replacement coverage in case of a loss.
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15 August 2024 | 7 replies
@Gabriel Alvarado several times in the past, we've found that many agents make the mistake of using their sales tools for rental situations.#1 mistake is not using the right advertising websites correctly.So, ask your agent for a list of websites they are advertising your properties on.May also help if you post JUST the address here - we should be able to do a web search and find it - or there's an obvious advertising problem!
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14 August 2024 | 2 replies
My background is in Military and IT, but I’ve recently shifted my focus toward achieving time and financial freedom through real estate.
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14 August 2024 | 1 reply
It helps determine if the project will meet the desired profit margins.CoC (Cash on Cash Return): I find this particularly important for fix-and-flip projects, as it measures the actual cash return on the cash you’ve invested, giving a clear picture of short-term profitability.Cap Rate (Capitalization Rate): While more commonly used for rental properties, it’s useful in understanding the potential income from a property relative to its price.IRR (Internal Rate of Return): This is a great metric for longer-term projects or those with varying cash flows, as it takes into account the time value of money.Some investors might overlook metrics like AAR (Average Annual Return) or EM (Equity Multiple) if they’re not as relevant to their specific strategy.