Mallikarjun Reddy Pateel
Interest Rates effect on Home Values?
20 July 2021 | 10 replies
Rising rates also increase costs for businesses, reducing their earnings and putting downward pressure on stocks.
Edwin Duran
What would you do in this position?
22 July 2021 | 16 replies
That 25% down will earn 9.6% over 15 years even if there's no cashflow or appreciation.
Mallikarjun Reddy Pateel
Immediate Value add Underwriting.
22 July 2021 | 4 replies
Fair market is your potential upside, but if the property is valued based on actual earnings it wouldn't make sense for the lender to value it based on what it could be.
Kelsay Ann Richards
What criteria do you follow when looking for a deal?
22 July 2021 | 5 replies
Contract every broker and you will get different listings and more choices.A higher number of units always gives you more cashflow plus a safety net for when 1 or 2 tenants move out and you still have cashflow to pay the mortgage.The more patience you have the more money you will earn.
Ali L.
Solo 401(k) funded by LLCs
22 July 2021 | 4 replies
The main question is: do you have earned, qualified income to fund the Solo 401k?
Lou Burnett
Looking to network & learn
30 July 2021 | 15 replies
There are a few groups that come to mind depending on your location and desired strategy.
Matt N.
Cash Out Refi Tax Write Off
3 November 2021 | 6 replies
It's likely that your interest earned won't outweigh the interest expense.
DeWitt Gibson
Home prices in Chandler Arizona have risen up to 50% in one year!
22 July 2021 | 17 replies
On the issue that just arrived today, the entire front page is "Skyrocketing Housing Prices".Some of the points made in the article are: “What we are living with now is a result of and reaction to the Great Recession”“Add to this whole mix the pandemic, and it is the low-wage earning service workers that have been most hurt and that causes a really big disparity in income”“Sellers have become accustomed to asking over the market value and getting it”“There is going to have to be more affordable housing, bottom line”"the city is discussing developer incentives to set aside a number of units in development for workforce housing; revitalizing older neighborhoods"Here is a link to the full article Low inventory leads to rising housing prices across Chandler, East Valley | Community ImpactWhat are your thoughts?
Kyle Smith
Percentage of gross earnings for taxes/fees for STR in Gatlinburg
24 July 2021 | 7 replies
I would love to hear your thoughts on what percentage of my gross income would be for typical services and fees usually handled by property management companies in the Sevierville areas. I’ll be handling everything m...
Jessica Denny
Is Canton good for STR?
2 August 2021 | 3 replies
I would tend to steer you towards Black Mountain, Brevard, Waynesville over Canton, as I believe they are more desirable, but ultimately, go off what the data shows and if you can meet your target CoC, etc, then it could be a great opportunity.