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18 June 2024 | 5 replies
I had a client of mine that was reached out to one of these buyers who was planning on taking his property, converting it into a boarding room situation, which was illegal and renting it out that way to maximize his returns.
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13 June 2024 | 7 replies
If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.
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14 June 2024 | 10 replies
I just listed a 3br house for rent.
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18 June 2024 | 8 replies
There are some people "real estate consultants" who will give you detailed reports: if they think this is better for a flip, rental, what rents you could get, recommended repairs (not as detailed as an inspection report).
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17 June 2024 | 3 replies
This was on KSL as well and the sellers were very very motivated.This year I have also purchased two single-family homes that I am rehabbing and both allow for lot splits so I will have a renovated home to sell or rent and a free and clear lot with each one.
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17 June 2024 | 16 replies
An A+ credit file will have those 5 accounts open for 24 months...I say that because you won't necessarily be able to open account this week and then check back in a month... open the accounts get you started what helps your credit is managing those accounts successfully overtime.There are a few ways to speed up the process and give yourself an established history in a couple weeks instead of a couple of years... it won't work for everyone but it will help in certain circumstances.Reporting Rent To Credit: This can be done in a lot of different ways.
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16 June 2024 | 9 replies
I'm a newbie trying to rent out rooms in my 4-bedroom, 3-bathroom house in Seattle.
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17 June 2024 | 2 replies
Specifically, I am looking to track the projected rehab cost of each unit, cash flow from rented units, first lien costs, general partners and limited partner returns.
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14 June 2024 | 14 replies
Good evening everyone,how do I separate utilities when I have an ADU that is rented with a fixed utility price?