Cory Yoviene
Mid-Term Rentals Jacksonville, FL
27 March 2024 | 8 replies
I currently own an STR in Vilano Beach, FL, however, I am switching my strategy to MTR moving forward and would like to hear from experienced investors in the area!
Juanito De Dios
New To Land Lording - Looking for Tips and Advice
30 March 2024 | 16 replies
I'm bringing in a panel of expert real estate investors with decades of experience across many different strategies.
Jerryll Noorden
Want to learn Wholesaling , Lead Generation The Right Way?
29 March 2024 | 20 replies
Laurel is doing multiple 7-figures, and it is not a coincidence.You do not need an entire team to be able to show credibility.Face it till you make it is a real strategy.
Jonathan Burkett
Can I charge my LLC rent vs home office deduction?
27 March 2024 | 11 replies
I am currently focused on tax strategies for our LLC (partnership with spouse).Can we sign a lease agreement with our LLC to provide/pay rent for use of our personal home/property, to include a portion of utilities, HOA, and insurance?
Luna Tran
Oklahoma Investors: Navigating the Evolving Real Estate Commission Landscape
29 March 2024 | 0 replies
This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.
Mark Koontz
Starting a PM Company
28 March 2024 | 8 replies
Ideally one with insurance to cover any issues. 2.
Tom Server
Purchasing property with tenants and a PM
28 March 2024 | 5 replies
(Do they pay vendors on your behalf, do they manage the insurance procurement, etc.)- Do you have healthy working relationships with contractors/vendors?
Kamil Sekulski
Strategy to buy a few houses in 3 years
26 March 2024 | 7 replies
I'm basically looking for a strategy, which would work in my case.
Sean Hudgins
Is a VA Assumption Worth More Money?
28 March 2024 | 6 replies
Location: Chesapeake, VA (large military town) Market Value: $360,000Loan Balance: $245,000Equity/Second position note: $115,000 (30 30-year amortization / 10-year Balloon Payment, 6.5% Interest, $727 monthly payment) - Bringing cash for this would save a ton of money for the buyer.Rate: 2.25%Years Left: 26Current Monthly payment: $1,300 (including taxes/insurance)Current Rent: $2,000Scenario 1: -If you were to purchase with a new VA loan at 7% interest at market value your monthly PITI would be approx.: $2,757-If you were to assume the loan and I carried the second note at the above terms your monthly PITI would be: $2,027Saving: $8,760 per year.Scenario 2:-If you were to bring the same $115,000 as a down payment on a conventional loan you would pay: $1,992-If you were to assume the loan and bring cash for equity position your monthly PITI would be: $1,300Saving: $8,304 (with no need to refi in the future)Since this is a hypothetical situation I'm going to give my number based on nat. average homeownership of 13.2 years.
Gino Cerrone
Any advise for an aspiring 19yr old
29 March 2024 | 13 replies
A sponsoring broker can provide mentorship, training, and support as you begin your career as a real estate agent.Continue Learning and Networking: Real estate is a dynamic and ever-evolving industry, so it's crucial to continue learning and staying updated on market trends, regulations, and investment strategies.