Carlyle Campbell
Sight unseen offer
8 April 2024 | 29 replies
But in my experience, the disclosure form is provided after escrow is opened.So figure $10k for roof (might be some bad wood).
Jeff Daring
Does it make sense to invest in this market?
8 April 2024 | 4 replies
Nobody has a crystal ball to predict the future but, generally, rates will likely go down, property will appreciate and rent's will increase.Getting experience as a landlord is valuable too...
Darryl Lin
Inland Empire (Hesperia) SFR Investment Properties
7 April 2024 | 32 replies
I wanted to get any opinions or insight from members here and if they have any experience dealing with this area, thank you.
Johann Villalvir
Experience with Investor's Lift
4 April 2024 | 1 reply
Hey BP community, has anyone have experience with Investor's lift that would be willing to meet for virtual coffee?
Ornella Kaneza
50k in equity and want to pull and invest
8 April 2024 | 4 replies
Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.
Katelyn Vittitow
Pre foreclosure Letters
7 April 2024 | 2 replies
In our experience we have found that design and templates don't matter much.
Luis Bencomo
Looking to start in Real Estate with a duplex and house hack it
8 April 2024 | 5 replies
They should have more examples and experiences of doing them in the Houston area.
Choon Yee Dee
Creative Financing Attorneys for Contracts
7 April 2024 | 7 replies
My partner and I going to begin acquiring properties via Seller Finance, Subject-To, Wrap, etc. and we are looking for a Real Estate Attorney who has experience in this field to draft/draw-up the appropriate contracts.
Ashdale Pitter
Sault Ste. Marie Possibilties?
7 April 2024 | 7 replies
While it does have a university and college present, has anyone had any experience investing in this area?
Ethan Davis Brackin
Laundromats and Similar Businesses as Real Estate Investments
7 April 2024 | 4 replies
From what I see and my experience, it is a bit hard to find one that is going to Cash Flow positively right away.