Ayyoub Feza
compete with vey low rent
3 April 2024 | 7 replies
Hi Ayyoub Research is the key, Conduct thorough market research to understand why the competing property is listed at a lower rent, Consider any improvements or upgrades that could enhance the appeal of your property to potential tenants, If you're unable to match the lower rental rate of the competing property, consider other incentives to attract tenants, such as offering a shorter lease term, including utilities in the rent, or providing additional amenities.Hope it helps.
Donnie Tucker
Section 8 advice - New investor
4 April 2024 | 13 replies
And it will be harder to evict tenants if you have strict tenant laws which would potentially allow more damage to happen.
Bret Halsey
Seller-financing vs lease-option vs land-contract
3 April 2024 | 4 replies
A land contract, wrap around mortgage, or subject to purchase with a seller 2nd carryback all run the risk of a due on sale clause being invoked.
Bentley Denman
First time home buyer screw up
2 April 2024 | 8 replies
Depending on the demand in your area, this could potentially generate enough income to cover a portion of your mortgage payment.Negotiate with your lender: It's worth reaching out to your lender to see if there are any options for restructuring your loan or modifying your payment plan to lower your monthly payment.
Erica Calella
STR Bookings for Smoky Mountains
4 April 2024 | 8 replies
I am mostly just trying to discover any tips or tricks or identify any strategies that I could potentially be missing out on.
Rajiv R.
30 yr vs ARM
1 April 2024 | 10 replies
Purchasing a new townhome and received the following as best so far:- 6.875% 7/1 ARM- 7.35% 30-year fixed I am aware of the risks with the ARM and plan is to either refi when (if) rates drop, or sell around year 5 (along with others I plan to purchase) to get into commercial or larger multifamily.
John Aaron
Assign contract North Carolina
3 April 2024 | 2 replies
I large assignment could potentially turn a seller off
Allyson Mitchell
Finding a lender as a travel healthcare worker
3 April 2024 | 6 replies
This decision for them is all about risk of you not being able to pay back the mortgage.
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
1 April 2024 | 10 replies
--DB A DST or DST to 721 UPREIT is a potential option.