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7 June 2024 | 21 replies
Think about going to see there office most lenders do the appraisal and when its done they charge you .. they dont have you send the money up front.. but maybe some do.but worse case scenario if they don't fund your only out 950.00 but many do this and also have non refundable EM thinking the deal is going to close and they lose that as well. that's why reputable lenders are very important to keep you from losing 1 to 5k on a fake lender or more and again I have no clue about this company.. just say in how the fake lenders operate and what your risks are
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6 June 2024 | 9 replies
Rely upon your own attorney's advice, and not personal opinions from others.
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7 June 2024 | 4 replies
Does it need to go in a BUSINESS savings account or can it go into a PERSONAL savings account?
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10 June 2024 | 28 replies
But I personally don't see prices going down dramatically anytime soon.
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10 June 2024 | 9 replies
Select someone who will personally invest in your success and the commission which you pay for their service is a wise investment.
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10 June 2024 | 9 replies
Personally I would pass, the margins just aren't there.
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8 June 2024 | 0 replies
North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?
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7 June 2024 | 13 replies
Personally, I did over 250+ transactions (including STR, MF, SFH, LTR, RRs, Corporate leasing, Acquistions/Sales, Value-Adds, etc.) on and off market in 2023-to-date in our area.
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9 June 2024 | 4 replies
Some big recent news is Walmart requiring all remote work to now be in person for thousands of jobs.
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7 June 2024 | 5 replies
I was also thinking that this may lower our office building payment which is good for our personal cash flow with other investments moving forward.Thank you all for the advantages/disadvantages and I hope this doesn't come off as an irresponsible thought.Kegan