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14 April 2024 | 17 replies
There are a few companies that can write properties in a Trust - but I've never done it in FL (I'm in MD too) Would look up AJ Liebel he's a broker down there
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14 April 2024 | 28 replies
You're targeting that highly coveted group of 6-12 unit, independent (not a company) property owners.
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11 April 2024 | 7 replies
I've been searching online for trying to find a loan servicing company that provides the services in Florida.
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13 April 2024 | 26 replies
If you did, I’m curious to know what was your experience like with the company.
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12 April 2024 | 16 replies
I'm trying to leverage as much business credit as possible instead of using my own cash for turn-key rental properties.
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14 April 2024 | 25 replies
for some reason REITs have never been a sexy asset class, older investors look at REITs as a weird-bond and wonder why own something with 4-5% dividend when they can own Investment Grade corporates at 5-6% or even recently US treasuries at 5%, and young investors don't even know what they are.yet they acquire class A real estate, the kind you and I can't due to price, the kind that has the best capital appreciation in great areas long term, and they have access to credit at lower rates than us, or they can just print shares and get new capital for free that way, to buy more great properties, They can pay for the best management, they don't ever pay brokerage fees either in or out (have everything in -house), and they generally have much lower risk as most of their portfolios are leveraged at only about 30-40% LTV, and we have zero personal liability when owning them as opposed to the litigation headaches we get with direct RE, and right now they collectively are on sale about 25-50% below their NAVs at lowest valuation since 2008, as opposed to SP500 at all time highs.
13 April 2024 | 19 replies
Of course the less leverage you use, that cash flow increases, then your liquidity is much lower as well.
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13 April 2024 | 2 replies
Started listening to the podcast while being amotor coach operator for a charter company.
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14 April 2024 | 9 replies
Good cash flow, slow and steady appreciation over all and, in my almost 15 years of managing in Beaver, it seems like you get more longer term tenants (3-5 years and longer) but, as Jeremy said, you sometimes have to weed through a few more applications to find good ones.I'll send you a dm of a few good contacts in Beaver county including a great investment agent, lender, and pm company.
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12 April 2024 | 16 replies
Was thinking leveraging inherited house and keeping it as a rental likely greater leverage than selling and using proceeds to buy other property/properties.