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4 April 2024 | 0 replies
It's a testament to the power of experience, relationships, and sound financial strategies in building a successful investment portfolio.The plan?
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5 April 2024 | 3 replies
If you're looking for a real estate book, I highly recommend "Estimating Rehab Costs" by J.
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5 April 2024 | 3 replies
If they are a high producing broker, they should be able to provide you with an abundance of insights related to that market.
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8 April 2024 | 35 replies
Since interest rate is now high, then IO product becomes interesting.When interest rate is above 6% ; the principal portion of the first 5-8 years is so low that it almost has no point of having principal, so IO loan product becomes (g00d) product, BUT.....this is the but:1) if i plan to hold the house longer than 10 years hence it's better if I add principal which will reduce cashflow2) but if you plan to house longer than 15 years, and your home appreciate more than 5% yoy, just for the sake of 100 dollar cash flow, then you miss the bigger thing which is appreciation.
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5 April 2024 | 4 replies
Or maybe rates stay high and he starts feeling the squeeze with his investors if/when he has to refi at 6% or sell at a price I would have paid today.Back to Bjorn's point, keep reviewing and underwriting deals.
5 April 2024 | 4 replies
I highly recommend starting by tuning in to the BiggerPockets podcast.
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2 April 2024 | 0 replies
Interestingly, these are also the qualities found in those who pursue the thrill of flying—be it through powered paragliding, ultralights, or fixed-wing gliders.I’ve discovered that my passion for the skies and my real estate investment journey share more in common than one might think.
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5 April 2024 | 2 replies
Another clause that I would highly recommend since you are licensed is a buyer's disclosure stating that you are a licensed agent but you are acting as a principal.
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5 April 2024 | 2 replies
I don't see how building a fourplex would be any different (at a high level), assuming you have an experienced builder lined up to do the construction.
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5 April 2024 | 3 replies
The price was too high, initially wanted to combine the units to make a duplex.