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29 April 2024 | 0 replies
Used the 3% realtor commission as a credit towards my closing costs.
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30 April 2024 | 99 replies
Numbers of the deal as followed: $266k all in cost Rents projected at $2300/mo right now.
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30 April 2024 | 4 replies
Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.
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30 April 2024 | 29 replies
Balancing aesthetic appeal with durability and cost-efficiency is key in this process.
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30 April 2024 | 7 replies
Do you have any family or friends that have relocated to lower cost of living areas?
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29 April 2024 | 7 replies
I’m starting out and I’d like to know how would you go about doing an inspection on a potential deal to calculate rehab costs if the property doesn’t have any services turned on?
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1 May 2024 | 16 replies
Keep in mind that refinancing involves closing costs and may require meeting certain eligibility criteria, but it could provide an opportunity to transfer the property to your LLC.Consulting with Legal and Financial Advisors: Seeking guidance from a qualified attorney or financial advisor who specializes in real estate investments and asset protection can provide valuable insight and assistance in navigating the transfer process.
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30 April 2024 | 140 replies
I'm talking houses that cost less than $50K.
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1 May 2024 | 10 replies
Will interest rates increase, which in turn devalues the same raw dollars of NOI because of increased debt service costs?