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17 January 2025 | 19 replies
You state that you have 20% - 25% equity position for safety, but you don't based on the information you gave.
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17 January 2025 | 23 replies
How much equity do you have?
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7 February 2025 | 10 replies
If you are trying to raise a few hundred thousand to buy another 4-6 unit property, while I would not invest in someone with less than a year experience, I am guessing some of your pilot friends, other friends, or family members may be willing to chip in.Now, if you want to jump from a triplex to 80 units, raising 4-5mm of equity and another 4-5mm in debt, than I would just manage your expectations.
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24 January 2025 | 21 replies
Slow beginnings are common in real estate investing, and building momentum comes with intentional planning and leveraging your resources effectively.To gain traction:Evaluate Equity: Review the equity in your owner-occupied home and rentals.
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24 January 2025 | 0 replies
.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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20 February 2025 | 11 replies
I agree that demand and the house staying dry during Hurricane Milton were positive signs.
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26 January 2025 | 7 replies
These small touches can create a memorable stay and encourage positive reviews.Create a Standout Listing: Invest in high-quality photos, write an engaging and detailed description, and highlight features that set your property apart.
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12 February 2025 | 20 replies
I appreciate the positive perspective of this
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31 January 2025 | 8 replies
There's no way I can keep the house above water with that rent let alone consider any positive cash flow...so I need them out!
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23 January 2025 | 8 replies
This will allow you to remove the person and do the financing on your own.Home Equity Loan/Line of Credit: Since you're looking to access equity, a home equity loan or line of credit (HELOC) can be a good option.