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11 June 2024 | 9 replies
They don't buy a lot, and even when they or any affordable housing developer buy land, it often can take forever for them to consider the property and then the actual escrow can be long if they are building the capital stack to buy the property.
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10 June 2024 | 12 replies
I'd love to learn more about what strategies you are considering and what you would like to learn about.
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11 June 2024 | 7 replies
During this time, consider joining a local real estate investors association.
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10 June 2024 | 3 replies
This means it should cover all your expenses including mortgage, taxes, insurance, maintenance, and setting aside a portion for reserves to cover vacancies, capex, etc.If you can put down 10% and cover everything, go for it.
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10 June 2024 | 23 replies
I would evaluate other PM websites and consider both design and content.
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10 June 2024 | 25 replies
Just set aside some for repairs and to replace worn out or damaged items.All houses will eventually need a new roof or HVAC system.We also have an upgrade budget.
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11 June 2024 | 14 replies
If they say yes, you're set!
11 June 2024 | 7 replies
I would still consider 0% for 50% of the deal but maybe not 70% - you have to run the numbers and see what your anticipated profit is and is it better once you factor in risk to give up equity or get a loan - and what would that loan need to be to be beneficial.So if you give up 50% - If i did a 15% loan I am still better with the loan?
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10 June 2024 | 1 reply
According to HUD Fair Market Rental Rates for 2024, the market rent for each unit in the 34608 zip code is $1,700 per month.While the units are in good condition, consider updating the kitchen, bathrooms, and fixtures and adding a fresh coat of paint for a fix-and-flip strategy.
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8 June 2024 | 40 replies
Considering an all cash purchase to "park and profit," but open to debt.