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26 May 2024 | 40 replies
You can sign an agreement to use the roofer-adjuster provided their cost does not exceed your best price plus 10% of the claim payout (i.e. typical insurance adjuster rates).
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23 May 2024 | 1 reply
Typically just the cost of the title paperwork and administering the payments since there is no underwriting, processing or mortgage broker involved.
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26 May 2024 | 102 replies
What was the exit strategy offered or communicated by the GP?
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23 May 2024 | 4 replies
I am attempting to put down less than the typical 20% for an investor loan.
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23 May 2024 | 9 replies
@Mark C.You are going to create a tax and accounting nightmareYou will pay taxes in each state you own property (typically) aThus each LLC will need to file in that state then you roll up to you which just adds more expense to your tax returnsYou will end up spending thousands of dollars per year to get taxes done which will eat any cash flow from making it so complexKeep it simple
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24 May 2024 | 2 replies
It’s great for getting an idea of what similar properties are going for in your area.Zillow Rental Manager: Not only can you list and manage your rental property here, but it also offers rental price estimates based on local market data.AirDNA: While primarily focused on short-term rentals, AirDNA offers data that can help you set prices for medium-term rentals by providing insights into occupancy rates and revenue projections.PriceLabs: This dynamic pricing tool adjusts rental rates based on demand, seasonality, and local events.
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23 May 2024 | 7 replies
For example, my units this far have typically attracted younger couples.
25 May 2024 | 14 replies
I'd like to echo Brian's idea on considering hard money lending as potential strategy.Hard money lending can offer similar to even higher returns compared to traditional real estate investments, often ranging from 8-15%, providing the cash you're looking for even in A/B areas.
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25 May 2024 | 10 replies
I know a guy who does this, Maybe he can offer insight
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25 May 2024 | 13 replies
Depending on your market buying a duplex might be feasible but many down payment assistance programs do not offer credit for multi-families.