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24 April 2024 | 2 replies
🤔✨Not finding any comps to justify asking price✨Seller not willing to sign PA until someone physically sees it✨I have no "Boots on Ground" in the area✨I only have one potential Cash End Buyer who did not want to sign a NDA until he drove the area and looked at the building,QUESTIONS❓❓❓✨Do you have any suggestions on what type of buyer might be in position to purchase this kind of real estate?
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22 April 2024 | 15 replies
It's clear you have big dreams for the future.Â
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23 April 2024 | 9 replies
You just want to make sure the other half will have enough dock doors and adequate office space for a future business.
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24 April 2024 | 4 replies
My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6.7% interest rate: $1548.67 principal and interest per month1548.67 x 12 x 30 = $557,521.20What I would do would offer a lower monthly payment and no usury, but it would effectively be like a prepayment penalty.Arbitrarily, let's say 20% off the monthly payment, or $309.73 less per month: $1238.94 monthly payment.House would be sold at $446,018.40, which is $111,502.8 less than the total paid with a normal mortgage, but $116,018 more than the market price.
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24 April 2024 | 2 replies
I firmly believe in the power of networking and collaboration to unlock new opportunities and propel our collective success forward.Whether you’re a seasoned investor or just starting out, I’m here to share insights, exchange ideas, and explore potential partnerships.
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23 April 2024 | 11 replies
Potentially get a commercial loan or HELOC against the properties to fund additional deals.Future: I will have all the debt from the prior renovation paid off this year from the rental income.
24 April 2024 | 7 replies
This is generally accurate - the value is going to be derived based on the "market" of buyers - since most buyers of SFR are owner-occupants and not basing price on rental potential, rents aren't going to be the source of value.Â
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24 April 2024 | 6 replies
I'm considering helping on cost because they're potentially going to buy the property from me at the end of their lease, so trying to keep the relationship amicable.
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25 April 2024 | 27 replies
They said they could potentially take action if the survey shows the boundary line truly cuts off the driveway.
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23 April 2024 | 11 replies
When you say long term game, I will keep the gas stations (it will take long to completely wipe out gas phase)Â with a potential to stream into multiple different source of income.