Elizabeth Taras
300k and first time investor (New Jersey)
3 March 2024 | 12 replies
It’s a tough market out here in New Jersey both with this high market and the high interest rate right now.
Brynanh Sledge
Thoughts on Kris Krohn?
7 March 2024 | 14 replies
I told them I didn't want to do the consortium deal, so they offered me another one where I would need to pay a 30k USD down payment and have an EIGHT PERCENT INTEREST RATE.
Oli Cimet
House Hacking in the Bay Area - Advice for a Newbie
6 March 2024 | 16 replies
I don't recommend the Midwest unless you do Class A or B, which will not positive cash flow with long term rentals (maybe MTR or STR depending on location) at current 7% interest rates.
Zachary Sakena
Build to Rent
5 March 2024 | 4 replies
It all depends upon the total cost of construction, based on that your monthly fixed cost/mortgage will come into picture.You cannot rent too far from market rate, essentially you should have some spread between mortgage(construction cost) and rent to cover for cashflow, vacancy etc.I would suggest you to keep the selling it out as your second exit strategy if renting is your first one. in that case your construction cost + selling cost cannot be more than market price of new construction.You can also try to reach out to developers to give them a piece of the pie but then you will have to sell for sure.
Andrea Burke
Unoccupied house offer
6 March 2024 | 3 replies
The individual owner of a seller financed mortgage enjoys a notable advantage over a traditional financial institutions, direct one on one negotiation capability with the borrower. its an advantage for negotiating new terms, adjusting interest rates, and addressing unforeseen issues.We have heard that this is a way for the owner to avoid "Capital gains"?
Samuel Shostek
Seeking Feedback for New Networking Software
7 March 2024 | 18 replies
It's not just another CRM or social network; it’s a solution for the clutter, spam, and the overwhelming volume of unqualified or irrelevant interactions that professionals like us often encounter.The key issues with current options are well-known: the disorganization on social networks, the low response rates on professional platforms, the complicated navigation and mismatched intentions on real estate forums, and even the overpriced 'expert' communities that deliver little value.
Daniel Kosciuszko
North Jersey, Lehigh Valley, or Philly
6 March 2024 | 13 replies
Most great deals can get you a lot of your investment back, but the rates prevent you from cash flowing.
Jason Elkins
Real Estate Investor with a SC Real Estate license. Is it worth the hassle?
4 March 2024 | 3 replies
Say your firm splits 50/50 with you (there will be some variation of the split it could be as much as 80/20 or 70/30) but that $12,000 comes into the firm and say you get 50%, so your taxable income on the transaction is $6,000.
Denise Holder
Condemned house on my block
6 March 2024 | 8 replies
You then pay them back at a low or no interest rate over the course of a few years.
Account Closed
9043 Harlequin Cir.
5 March 2024 | 0 replies
This issue this time, however, is interest rates had increased numerous percentage points making the possibility of living for free much less likely.