Matthew Espana
Midterm Renting Hosts
27 January 2024 | 4 replies
What specific questions do you have?
Mario Morales
"It's not you, It's me" insurance company broke up with me
27 January 2024 | 6 replies
Sometimes they do it just to get a better hold on all of their exposures country wide, while other times they've suffered significant losses in that particular market, and have to pull away to keep from killing their bottom line.Then there are other carriers who choose an alternative (more long-term) approach.
Bubba McCants
family selling property left in a Will
26 January 2024 | 7 replies
The property I think is stuck until she passes.Other alternatives usually include Trusts, even Transfer on Death deeds if available in your state.
Neil Rogers
Newbie - Rochester, NY
27 January 2024 | 2 replies
I invest full time in Rochester -feel free to DM with any specific questions
Viral Mehta
Seller backing out of a signed contract in Texas
27 January 2024 | 14 replies
PS: The contract is a standard Texas purchase agreement for a single family home and it says: "If Seller fails to comply with this contract, Seller will be in default and Buyer may (a) enforce specific performance, seek such other relief as may be provided by law, or both, or (b) terminate this contract and receive the earnest money, thereby releasing both parties from this contract."
Chris Loy
Conveying townhome into a multi-member LLC
27 January 2024 | 2 replies
They'll be able to give you tailored advice based on your specific situation.I hope this helps!
Ana Franchi
Can you have two loans at ones?
28 January 2024 | 9 replies
What I am doing myself is buying "fixer uppers" in nicer parts of town to work on while I live there as my primary residence, and leave a trail of rentals behind like it sounds like you want to do also.I'm happy to chat more anytime about specific neighborhoods to keep an eye on here in Wilmington, just shoot me a message!
Bryan Hartlen
SFR DSCR terms?
26 January 2024 | 29 replies
Do you have any specifics on your inquiry?
Scott Trench
Is there Any Reason to Be Bullish on Multifamily Right Now?
26 January 2024 | 5 replies
Way more multifamily units (not even counting another 675,000 single family units under construction) than new household formations coming for 2024.Operating expenses, including taxes, insurance, maintenance, etc. are skyrocketing, and likely not all fully absorbed in the average property.And, alternatives that produce more cash flow than a 5% cap rate (average for prime multifamily real estate currently) with less work and less risk, like private lending, short-term treasuries, money market accounts, etc.
Jacob G.
Buying a property that will inevitably rent at a loss
26 January 2024 | 22 replies
But let's not overlook the alternatives.