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23 May 2024 | 4 replies
A lot of people are drawn to the guaranteed rent money but I found it comes at a significant cost and I did not think it was worth it.
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23 May 2024 | 1 reply
This is especially true if the property requires significant upkeep or if the heirs live far away.Owners of Distressed PropertiesSellers who own homes in poor condition and can't afford the necessary repairs may prefer to sell as-is rather than invest time and money into renovations.Landlords with Problematic TenantsLandlords who have been dealing with problematic tenants, frequent vacancies, or costly property damage might want to offload the property quickly to cut their losses and avoid further hassles.Owners Facing Major Life ChangesSignificant life changes, such as health issues, retirement, or downsizing, can motivate people to sell their property quickly.
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23 May 2024 | 6 replies
Yes, that also means we are leaving some money on the table in the short term - but we do raise our rents every year by 5-10% and when turnover happens we take them to market rate.
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23 May 2024 | 5 replies
You are borrowing money, whether it be from a bank, your brother or the seller.
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20 May 2024 | 5 replies
However, this can be contrasted to a considerably lower rate in those segments with college degrees and further educational attainment, which is supported by lower median income of $34,748 in 28301 and $54,444 in 28304 compared to $66,778 in 28305 and $61,053 in 28306.
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23 May 2024 | 12 replies
@Shana TaylorInvesting in real estate in McDonough, GA is full of chances for those aiming to meet their money goals.
19 May 2024 | 8 replies
I have no more headaches, there is an umbrella policy for the properties, and I can buy more properties with the cash flow without anymore personal money.
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23 May 2024 | 10 replies
You could also do rent-by-the-room, which might make the most money but also gives you the least privacy.Also, be aware of a few things. -- If you're house-hacking by Airbnb-ing or short-term renting a portion, the city laws in Denver and surrounding suburbs all vary on how you can do that.
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23 May 2024 | 4 replies
I would not waste the money on an attorney for it.
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22 May 2024 | 5 replies
Just got off with an investor who was about to wire us money from Yieldstreet but his account with them is now frozen until further notice.Apparently they use a third party to escrow all funds and that company has just filed for bankruptcy.This is really unfortunate for those investors who are exposed.