Alex Hunt
📈 Market Alert 📊
31 January 2024 | 0 replies
. 🎙️ Powell's insights could unveil the potential for interest rate cuts in 2024, impacting both consumer and business borrowing costs. 🏦💡 #EconomicUpdate #FederalReserve #InterestRateWatch #FinancialInsights
Jessica Wieser
Should I invest in cash or take out a mortgage
31 January 2024 | 2 replies
I think the responses that you will get will probably range from "scale faster and put down 20% on multiple properties" to something akin to a Dave-Ramsey-mindset.When it comes to investing, personally, the route that I see as potentially safer when it comes to cash-flow is the diversification of owning multiple properties.
Kyle Ratzlaff
Long Term Lease
31 January 2024 | 0 replies
The tenant doesn't want to have a 1 year lease for potential of being asked to make a move.
Tony Pellettieri
Possible Private Lending solution to a friends HML in default? - Please Advise
31 January 2024 | 10 replies
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcI've spoken to a few HM Lenders and ran rough numbers by them.
Shannon Carter
Have I earned the REI title yet?
1 February 2024 | 0 replies
While I have some initial experience, I am enthusiastic about expanding my knowledge and skills in the real estate market.I am reaching out to connect with fellow investors in the area, hoping to learn from your experiences and explore potential collaboration opportunities.
Steven Roberts
Outlook in Commercial Real Estate & Economic Forecast 2024
1 February 2024 | 9 replies
Potential good news from the CBRE forecast for commercial real estate.Executive SummaryU.S.
Mohammad Hassan
Looking to convert multi family property into condo units
1 February 2024 | 3 replies
I intend on demoing the property and potentially building out 6-8 units. 2.
Jermaine Lindsay
New to Mid-Term Rentals
1 February 2024 | 10 replies
They can provide valuable insights, advice, and potential partnership opportunities.
Chris Picciurro
Tax Relief for American Families and Workers Act of 2024 passes in the House
1 February 2024 | 0 replies
Some major pending (and potentially retroactive) tax law changes made it through the house.
Darrell Kirby
Multifamily Property Analyzer
1 February 2024 | 6 replies
I have even seen these used by some of the largest brokerage houses in the country.My first scenario could potentially be underwritten as a single acquisition.