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18 April 2024 | 1 reply
I recently came across this "FHA construction to permanent Loan" option which seems almost too good to be true, so I wanted to get some input on how this works and where I might be able to find a lender.
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18 April 2024 | 4 replies
I meant not to live on but solely to withdraw, pay the tax and invest in RE.I am trying to decide if I should draw out everything from tax deferred retirement account, pay the tax and invest in RE (move into Roth as another option)before I hit RMD point.Hoping to hear from those who have walked the walk and share actual experience of their success/roadblocks.
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18 April 2024 | 87 replies
Driving for dollarsHow and on what platform do I let them know I am looking?
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15 April 2024 | 10 replies
You can use many LTR platforms to collect rents for MTR, or even create and manage leases.
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18 April 2024 | 12 replies
I don't know anyone there personally doing it like we do, but it's something to consider.The other option, of course, is to just try and bump up your expected monthly cost from 10% to something like 12% - 15%.
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18 April 2024 | 2 replies
Is there any other options I can use?
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16 April 2024 | 1 reply
Hello! There is some land near where I live that came up for sale. I feel like I remember hearing one of the podcast or somewhere that the appraised value of timber on the land can be used as down payment for purchasi...
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16 April 2024 | 16 replies
Hey @Jacob Lopez - I personally use the MLS and rentometer.There are some Chicago specific rental platforms like domu.Are you saying that you have found the US Dept of Housing to be inaccurate?
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15 April 2024 | 9 replies
Technological advancements are reshaping the real estate industry for investors in various ways:Data Analytics: Advanced tools offer insights into market trends and investment opportunities, aiding informed decision-making and risk assessment.Virtual Reality (VR) and Augmented Reality (AR): Remote property exploration with virtual tours saves time and resources, attracting potential buyers or tenants and expediting transactions.Blockchain: Secure transactions via smart contracts reduce intermediaries, costs, and fraud risks in property dealings.Online Platforms and Marketplaces: Digital platforms broaden access to properties, investment options, and real-time market data, enhancing efficiency and transparency.Artificial Intelligence (AI): AI algorithms predict market trends, identify investment opportunities, and personalize recommendations based on investor preferences.Internet of Things (IoT): IoT devices provide real-time data on property performance, enabling cost reduction, efficiency improvements, and better tenant satisfaction.Crowdfunding Platforms: Real estate crowdfunding democratizes investment access, allowing smaller investors to participate in projects previously out of reach.In summary, embracing these innovations enhances efficiency, transparency, and accessibility in real estate investment, enabling investors to capitalize on emerging opportunities and stay competitive in the market.Thanks!
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16 April 2024 | 12 replies
You will find some sound advice on this platform.