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21 March 2024 | 6 replies
I have been told to use Baselane so that they can ACH transfer for free, and that baselane also gives me 4.5% APR for my money saved there (i.e. security deposits, etc.)However, I don't like Baselane's withdrawal limits, and also how long it would take for baselane to transfer money to my primary checking accounts, at JP Morgan.
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20 March 2024 | 1 reply
.- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.
20 March 2024 | 6 replies
i would get #s from a FEW as you're getting started, to see who knows their stuff. if ARV could be as low as 90k you'd pretty much have to get it for free. deals like this sometimes work creatively though. if they're open to seller financing. and you can wholesale creative deals.
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21 March 2024 | 7 replies
Given that you've owned them for almost 5 years, there is also a good opportunity to do a cash out refinance and obtain tax free money that you can use to expand your portfolio even further.
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19 March 2024 | 10 replies
What specific features are you looking for in a property?
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19 March 2024 | 3 replies
.* And for low performing properties one of the features i really like is you can make a change to your listing - lets say update the property description, log it, then see if this makes any chances in your placement.I'm not affiliated with them but think its a great tool to turn around poor performing properties - assuming the STR is competitive compared to your competition.I agree with Henry that you can probably do better self-managing IF you have the time and appetite for dealing with guests and learning the dos and don't....Heres is the turnaround of one of our Floridas STR that was lagging - now back to near the top on the first page.
18 March 2024 | 9 replies
I am not a mortgage broker, but my limited knowledge is you can (if you financially qualify) and the property has different second home features it is possible.
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20 March 2024 | 23 replies
Northeast Florida can offer some fantastic opportunities for cash-flowing properties, and networking with fellow investors here on BiggerPockets is a fantastic step in the right direction.As you prepare for the Rookie Boot Camp in May, here are a few tips to help you make the most of your networking efforts:Participate in Discussions: Feel free to join in on discussions, pose questions, and provide your opinions or experiences in the forums.
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20 March 2024 | 1 reply
Feel free to send me a DM and we can crunch some numbers.
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20 March 2024 | 4 replies
Feel free to shoot me a DM and we can chat about it, I'm also a multfamily househacker so I have a good idea of where your head might be at.