Michael Tompkins
Ready for change
3 May 2024 | 9 replies
Of course, everyone will expect rock-bottom prices from you and immediate gratification!
Jagger Boyer
How to Manage Out of State Rental Properties?
3 May 2024 | 11 replies
Hi Jagger-Great question.I am a fellow Michigander from Ann Arbor.Nothing against Maine but the Midwest has seen some of the strongest rent growth in the country.When I consult with my clients, if they don't have the budget for a market like Ann Arbor, I direct them to Lansing, MI.The cashflow is strong, the economy is stable, it is the State capital so there is always economic development creating new jobs, the price point is relatively affordable because the cost of living is lower there, and appreciation is predictably linear.I also advise investors to buy duplexes and up so you always have a rent check coming in most of the time if you have a vacancy.
Brian V.
William Tingle Subject 2--Is his course worth it?
3 May 2024 | 8 replies
I will say though that for $297 is not a bad price at all though.
Carlos Oliva
Pros Versus Cons
3 May 2024 | 7 replies
The reason more money is made in commercial is because its a greater price point.
Greg Teplansky
LLC or Business entity service companies
3 May 2024 | 4 replies
I'd love to have a service that does all the heavy lifting stuff for me at a decent price and also one that I can be relatively assured is backed or supported by an attorney.
Dominique Guinnane
Sales Price Reduction
29 April 2024 | 23 replies
A sales price reduction means the buyer is purchasing the house at a lower price than asking.
Mohammad Al-hadad
First property, competitive market, any ideas?
3 May 2024 | 9 replies
You also have a variety of price ranges, lending options, and markets that allow for a low cost to entry.
Jerry Daily
1031 on an LLC and transferring to own name
3 May 2024 | 3 replies
You simply add up the “net sale price” (after removing selling COSTS, the mortgage isn’t a cost.) that how much you have to buy to avoid paying any taxes.
Lisa Burns
What's it really like to be a commercial MF syndicator? Will I be sorry I tried?
6 May 2024 | 23 replies
Any who recommended the use of debt fund, floating-rate interest, and high leverage (over 75% of purchase price) should be avoided like the plague.
Raghavendra Kulkarni
Need advice on 2 negative cash flowing properties
2 May 2024 | 27 replies
I have heard so many stories just like this from people who have purchased from turnkey companies.The refi is one way, but you'd have to have a big rate cut to free up $450 (unless this is a high-priced property).