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2 September 2024 | 12 replies
There was one instance discussed in the forums with a syndicator called Norada (you can search the forums for that name) where they not only stopped paying dividends, but also converted everyone’s capital to an equity position - which is code for “We don’t plan to give your money back unless we can survive to eventually sell the building.”
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30 August 2024 | 6 replies
Plan to eventually cash out refinance with conventional loan in 12 months, but looking to get out of my hard money situation to save on holding costs.
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30 August 2024 | 4 replies
Add on top of that any maintenance issues that pop up (and they will eventually).
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30 August 2024 | 1 reply
Building Equity: Part of your rent can contribute to the eventual purchase, helping you accumulate equity.Cons: Risk of Losing Money: If you decide not to buy at the end of the lease, you might lose the option fee and any rent premiums.
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30 August 2024 | 9 replies
It is becoming extremely unsightly as they continue to build and will eventually bring tourism/desirability down (in my opinion).
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30 August 2024 | 4 replies
This is a single family home and was originally a primary residence before turning it into an long-term rental.Some strategies I'm considering to grow my portfolio are using a HELOC/1039 tax exchange to purchase a second investment property/multi-family property or refinancing my current investment property into a conventional loan to utilize another FHA loan for a primary residence (with the idea of eventually turning that into another long-term rental).I currently have a 7% interest rate, and am considering refinancing in the coming months if/when the rates drop.
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30 August 2024 | 13 replies
All cost seg companies will eventually point you back to having that conversation with your accountant, so starting at the accountant level is going to save you time
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29 August 2024 | 8 replies
It took a while but I eventually learned that this is not a get rich quick game and that the online folks trying to sell their books or services were doing just that.
31 August 2024 | 10 replies
At least by reporting issues to the City, if the owner/tenant doesn't eventually habdle them, the City may intervene to correct some of the issues.
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29 August 2024 | 5 replies
Did you eventually get a section 8 tenant from that website?