
11 August 2024 | 16 replies
I'm talking the one's with $5MM-$20MM are being told by their financial team that the prowess of the US economy is nothing short of amazing.

7 August 2024 | 6 replies
Present a couple of real-life scenarios where private money lending transformed real estate deals.

8 August 2024 | 10 replies
Never run to the back of the room for the special.

8 August 2024 | 3 replies
Not sure how much it would benefit me in the long run?

7 August 2024 | 1 reply
Would like to pull money out of that home for a downpayment on another home.

10 August 2024 | 13 replies
The short version is do lots of research and buy Class A or B (you won't cash flow at 7% rates on LTR, unless you do MTR, STR or some creative strategy).

8 August 2024 | 2 replies
I put some numbers below into this Rent or Sell calculator.https://www.narpm.org/members/resources/rent-vs-sell-calculator/ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $100K if SELL nowat 6% Appreciation would have $3,500K more if KEEP and sell after 15 yearsat 7% Appreciation would profit 122K if KEEP and sell after 15 years(Assuming a conservative 6% ROI on money invested from sale.)NOTE: The property appreciated 10% in the last year so I’m thinking 7% over the next 10-15 is reasonable.DETAILSSale Value: $520,000 (Best guess)Paid: $437,000Original Mortgage: $415,000Mortgage Balance: $380,000Interest: 3.375%Monthly mortgage: $2,899Mortgage Difference: $1064Annual Taxes, Insurance, HOA etc**: $20,345**$13,865 (Non Homestead tax) $4,680 (HOA) $1,800 (Landlord Insurance)Monthly Rental Charge $3,500*Appreciation 7%Years to Hold: 15More assumptions used in ROI Estimates Above90% occupancy,15% capital gains charge6% selling feeRate of return on gains if selling now instead 6%Annual maintenance 1%Annual rent increase 4%$3,500 is slightly aggressive. unlikely I could get more.Thanks in advance for any constructive thoughts and comments!!!!
9 August 2024 | 5 replies
I have another one under remodeling that I plan to do as a short term rental (no experience yet, but this house is next door to my home).I have a dedicated website that I maintain myself where I publish the details, applications etc, also list it on zillow and do the screening through mysmartmove.

11 August 2024 | 10 replies
What are my options in financing my second property with the least amount of out of pocket money and/or using the equity in my first property.

9 August 2024 | 47 replies
The tenants are completing an application including permission to run a credit check.