Luis Astudillo
Metro Flippers Investments Lender
20 March 2024 | 18 replies
They provided me with a great opportunity to begin my first Fix and Flip.
Aneesh Nainani
Land Trust - JADU owner occupancy
15 March 2024 | 6 replies
(a) Notwithstanding Section 65852.2, a local agency may, by ordinance, provide for the creation of junior accessory dwelling units in single-family residential zones.
JD Martin
Realtors Association agrees to settlement to eliminate fixed fees
19 March 2024 | 30 replies
So they provided much more value than they got in commissions in my experience and set me up for success in my investing career.
Marlia Stone
Water Damage and Broken Pipe
19 March 2024 | 14 replies
Then move forward with a restoration company or trusted contractor who can help you dry out the place starting tomorrow (or ask your existing contractor for recommendations).
Sanjeev Advani
15 Undeniable Reasons It's Time to Sell Your Investment Property
19 March 2024 | 0 replies
High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.
Adam Eckhoff
how would YOU invest $100k?
19 March 2024 | 12 replies
We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.These syndication can provide an 8%+ cash-on-cash return - providing you monthly cash flow - and a 15-20% IRR over the length of the project.
Lorri S.
To Realtor or Not to Realtor - that is the question
19 March 2024 | 8 replies
If this is your first rental property - I'd also recommend an agent that can ensure you are looking at the right kind of home, area, and type to ensure it meets your financial objectives and provides you with a return.I've been an investor in Charlotte for over 10 years and also host a meetup called "SouthEast Charlotte Real Estate Investors/FI" - find us on FB.
Mica Moore
Property Management Company choose expensive vendor without approval
20 March 2024 | 11 replies
Your cleaner may have had a whole team there working on the house, especially for a conversion from residential to STR.bottom line, the rate is not unreasonable if a deep clean was provided and done correctly.
Account Closed
PM maintenance team overcharging hours?
18 March 2024 | 29 replies
Honestly, if you don’t trust them or like the way they are communicating I’d interview a couple more PM’s in the area.
Pope Lake
Adding Solar Panels on a House
19 March 2024 | 11 replies
I went so far as to discuss options with different providers in the NYC area.