4 December 2022 | 12 replies
Without taking on some sort of risk, more often than not, your return will be minimal.
12 November 2022 | 10 replies
Wanting info on a specific address is surely not an indicator of lack of knowledge in an area nor indicative of a lack of real estate knowledge overall.
27 December 2022 | 5 replies
I think the only merit to this is if taxes in your area are really high meaning hundreds and hundreds in negative cash flow and a long path to profitability either due to this or rent stagnancy.Since this house is in Arizona, which from all indications is a fairly strong rental growth market, and you could feasibly have the house for nothing into it with a good chunk of cash in the bank to cover the temporary negative cash flow, I would probably just go option 1 assuming the taxes are reasonable.
15 November 2022 | 17 replies
.), but I fully agree with @Joe Villeneuve. 120K equity to get you $100 a month CF plus whatever minimal equity your gaining doesn't sound good at all to me.
11 November 2022 | 0 replies
Or, if they did, it would be a minimal amount that would likely not allow me to recoup the amount of money I put into the property for these renovations.It soon became clear to me what the best course of action would be for this property: Given that Ashley and I had a very comfortable and relatively recently remodeled basement ADU to live in (circa 2010), I realized we would be able to execute a “luxury” live-in flip.
30 November 2022 | 11 replies
If anything, I believe this is more of an indication for you to really make sure that you are securing real estate that is within close proximity to these hospitals so you can make sure you can have a scarce product for consumers (e.g. medical professionals)Hope this helps and don't hesitate to reach out if you ever need anything!
9 December 2022 | 7 replies
However, if you consistently have hard inquiries on your report and a low credit score, you may be viewed as a risky borrower If you have a good credit score, the effects on your score could be minimal, especially if you've been keeping your balances low.
28 December 2022 | 11 replies
The fact that a tenant is complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
30 November 2022 | 3 replies
Minimal risk and upfront investment and nice returns.
22 November 2022 | 17 replies
Cash flow is a main priority for me which is why I am exploring creative strategies to minimize my monthly payments and put less money down such that I can spread my money across multiple properties.