Arley Collado
Looking to buy and hold real estate. Help a newbie out? :)
16 November 2017 | 28 replies
There are places int he Midwest however, that will give you bigger cash flow, but potentially more problems regarding repairs (older areas) lower class neighborhoods (depending on how cheap you go).Indiana, Ohio, etc has some opportunity.
Alyssa Kruger
Can I house hack in Brooklyn with only $25k down?
10 October 2020 | 15 replies
That being said, I don't plan on living in NY my whole life, but want to find a way to househack so I can lower my living expenses while I'm there.
Patrick Murphy
Exit Strategy for rental properties
20 November 2017 | 25 replies
You could charge a bit of a higher interest rate, require a decent down payment and discuss that you’ll be there to give advice and help, but they are responsible for the whole ‘business’.If you do your vetting properly and help them succeed, you could lower your tax bill and create a long term income.Maybe this is a terrible idea for real estate and/or you just want to dump the homes and walk away.
Michael Frankel
AirBNB/Vacation Rentals Purchase List
28 July 2020 | 28 replies
My place is in downtown SF, when I charged lower, I got party kids finding beer bottles in trash along with condom wrappers but once I raised the price along with great ratings, I got working professionals and conventioneers which are never home because they were here to work.
Nick Zias
Choosing the right path
15 November 2017 | 3 replies
Most people I ask say to take the lower paying job because Ill be happier and I will eventually make more with raises etc, but if I don’t plan on staying in the corporate world I feel that the extra 20k a year will help towards investing and retiring quicker.
Shirley McLean
Loan for Reno for Free & Clear home to Resell in Texas?
15 November 2017 | 1 reply
I have a credit score over 700 and 100% equity, but lower income on tax statements (due to being self employed).
Tiffany Miller
Insurance for Rehab in PA
15 November 2017 | 2 replies
Usually you pre-pay for the vacant policy for a year, then when you either sell or rent it out, cancel that policy (and get some pro-rated money back) and start a new (lower-priced) policy.I'm not familiar with insurance agents in your area, but I'm sure other investors in the area will reach out.
Adam R.
How much is this PA park worth?
18 November 2017 | 5 replies
Depending on what your market cap rate is , lets say 8.5% ( some parks trade at this today, some higher , some lower) gives the park a market value of $1,867,764.
Joe Davalos
Direct mail and the thanksgiving weekend
16 November 2017 | 4 replies
End of the day though, it only takes 1 person out of the 4000 you mail to actually open it and the profit you make from that more than makes up for that batch of mailing.Since you're smart and running a long campaign, even if one batch gets a lower response rate you're still cultivating the seeds you planted many batches ago.