
2 October 2013 | 8 replies
src=/program_offices/housing/sfh/203k/203kabouYou also might consider going for a 3 or 4 family property and build wealth faster by way of your tenants paying down your mortgage (less risk of vacancy losses too).

2 October 2013 | 12 replies
To me, cash on cash return is the number I will give the most weight to because I'm looking to maximime the return potential of my dollar, and if I can get into a property with an 8 cap with only 10k out of pocket vs a property with a 10 cap that requires 30k out of my pocket, the advantages of leverage may be more appealing to me than the higher cap rate.

22 October 2013 | 7 replies
You need income to recoup at a faster rate than what your numbers are showing.

4 May 2022 | 46 replies
I bet you have plenty of examples where you were intimidated by something & have the fear dissolve as you took steps to overcome the intimidation.I look back at all the deals in the past I let go because I didn't have the education on how to recognize opportunity & create a profit, or the ones that I did do & didn't create an additional profit.As far as pulling equity out of your houses, I'm going to plead the 5th & just say that you can grow wealth faster with leverage but be responsible, leverage is a double edged sword.

3 October 2013 | 1 reply
In all four appraisals, the value was heavily weighted towards comps and not NOI/Cap rates.

4 October 2013 | 21 replies
Brain,Proof can simply be a letter from your accountant, Council, or, if you are incorporated, your BoD ... though the third-party attestations carry more weight.

22 October 2013 | 5 replies
It is very possible that you are putting way too much weight on a real estate site value estimate.

8 October 2013 | 10 replies
I find with most of this stuff once you get over that initial hump it will go faster.

29 November 2015 | 42 replies
I lease my properties much faster than my out of state property managers every time.

17 January 2019 | 12 replies
The faster you resolve it, the faster it's over.This has happened to me.