Peter D.
Rental Property with Adjacent Vacant Scenario
7 February 2024 | 2 replies
So the above, is directly in response to your question/strategy BUT, I would certainly consider NOT SELLING THE LOT NEXT DOOR... especially since you said you're seeking 'additional cash-flow' -- if you sell, it won't be recurring cash-flow instead it will be a one-time infusion of cash into your bank account and then its done AND you won't have much control on what happens next door aside from what restrictions you have placed in the deed... why not instead of selling consider... offering it as a 'ground lease' whereas, the person seeking the lot is allowed to build on the lot but then will pay you rent for the use of the land... this would be similar to some commercial agreements or even mobile homes where the tenant owns the structure but you own the land on which it sits on.. it's also quite similar to how McDonalds and some other franchise businesses operate it's how they are able to ensure that the properties being built are built and operated in accordance with their vision, if a tenant does not build it or operate it 'correctly' then the Landlord will have leverage in ensuring that it is rectfied... because after all you do still own the land and may terminate lease if the terms are violated.
Steve Ross
Initial investment - DST vs syndication
7 February 2024 | 10 replies
Again if doing a 1031 then they are a great strategy, for starting out, not much flexibility in them and I would go another path of syndication or fund.
Brian Estes
Assuming low-interest loans from sellers -- how to do so as an investor?
7 February 2024 | 11 replies
My cash in was 1/2 of all the cash I had at the time: $5,000 for working capital.After my “subdivide and conquer” strategy described above, I sold a 1/2 interest in the property for $125,000, paying off my credit card debt and putting $90,000 cash in my pocket.
Annette Yim
Newbie from VA/MD/DC Area
5 February 2024 | 11 replies
BiggerPockets has played an essential part in my Real Estate education and I am hoping to get some realistic help now.
AJ Wong
Barbara Corcoran argues good time to buy and invest in Real Estate...do you agree?
6 February 2024 | 5 replies
Sometimes you have to create the deal, a lower price and strong seller concession can move the needle on a prospective investment and timing is always essential.
Kay Nemen
Newbie looking for advice! Fort Worth, Phoenix or Durham (NC)?
8 February 2024 | 17 replies
I'm not sure if that changes your strategy, but thought it might be helpful as you look at AZ.
Joseph Weisenbloom
Anyone use only minisplits to cool/heat an entire house?
6 February 2024 | 3 replies
I am considering buying a few multizone minisplits and placing the heads in the bedrooms, kitchen and the living room.My question is will this strategy work?
Emil Pinlac
Please Advise: ADU Cost Components Breakdown?
8 February 2024 | 30 replies
I've been considering building or converting a garage into these units, for a long-term, buy & hold real estate strategy.
Jacob Allen
Accountant Recommendation for the Upstate - Greenville, SC
7 February 2024 | 13 replies
My husband and I are utilizing the build-to-rent strategy.
Gregory Sampson
Building Credit from 0 (debt free)
6 February 2024 | 1 reply
Any good strategies that will get me set up for an 80% LTV purchase?