Ryan Fox
Form an LLC to manage property for first rental unit?
22 June 2024 | 8 replies
Although, there are costs associated with forming and maintaining an LLC, such as state filing fees and annual reports that are to be noted.
David Cherkowsky
Appreciation Tracking Advice
24 June 2024 | 5 replies
I read the business news to find out about new developments.
Alyssa Lewis
Long Term Rentals in North Carolina
25 June 2024 | 4 replies
A key component to cash flow will be loan terms..you could consider trying to incorporate a seller concession towards an interest rate buy down or costs to help improve cash on cash returns.
Max McNamara
Fix and Flip in Dallas
25 June 2024 | 17 replies
There can be big costs to join this group, but if you follow the system and need a lot of mentorship, it might be worth the investment.
Julie Muse
Jenner Circle Flip: Major Profit in Modesto with Seth Choate!
25 June 2024 | 0 replies
Partner Driven financed the Jenner Cir deal using its own capital, covering the $300,000 purchase price and $20,000 to $30,000 in renovation costs.
A.J. Chesney
buying a property with existing tenants?
24 June 2024 | 20 replies
Some tenants will shape up if they see the new owner means business (paying rent on time, etc.), so it's important to enforce rental agreements when you take over.
Joseph Davini
Florida's trends and hypothesis'
24 June 2024 | 8 replies
Rents stagnated or dropped in most areas, and this is on top of all the rising costs, especially insurance and interest rates.
Maher Ghazaleh
My REI Journey From Dubai to Virginia – Amazing Progress!
24 June 2024 | 4 replies
So far, I've managed to build a really good team to support my business from agents and contractors to wholesalers and lenders.
Austin Nicol
Choosing a House Hacking Market?
25 June 2024 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
Chad Shultz
Small Town Motel turned into Big Returns
24 June 2024 | 1 reply
My business partner spent over six months negotiating with the seller and we ultimately purchased at a 20% reduction from asking price.