Tarunn Navlanii
Guidance Needed for Multifamily Unit investent
8 February 2024 | 2 replies
I am aiming for cash flow and appreciation both , i am clear with investment objective i.e. financial freedom, in terms of timeline - i have just started scratching the surface of real estate investing i want to learn as quickly i can and gain information in order to get started for searching deals, budget and risk tolerance would like to put a number when some progress i have made personally in understanding of whole process, my diligence and external factor dependency, that's why looking for some basics to understand and path going forward
Tyson Scheutze
SFR For Rent
9 February 2024 | 2 replies
Many years later when we had a much larger case study, we found a huge increase in delinquency and evictions with our residents who had credit scores between 560-580.
Timmy Z.
Thoughts on Strategy?
9 February 2024 | 3 replies
If the predictions of interest rates continuing to go down are true, then we will likely see another big uptick in property prices as interest rates get down into the 5% range and buyer activity increases.
Will Fahmy
Unconventional Deal! Is this a terrible deal?
8 February 2024 | 0 replies
So to start this is a master lease and the terms are as follows.Rent paid to seller monthly: $1,500Down payment: $40,000Option to purchase property in 5 years for $175,000Or scenario 2 (whichever seller picks)Option to purchase property in 10 years for $125,000A little about the propertyLocation: Rural area so some rent increases and appreciation but nothing drastic4 units with rents at marketCondition: 4/10 livable but outdated and some deferred maintenanceMonthly NOI: $1,861Market Cap Rate: 9%Is this a good deal or would I be screwing myself?
Julio Gonzalez
Cost Segregation on Warehouse Building
8 February 2024 | 2 replies
The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
Michael Ashe
Starting out decisions without a ton of money
9 February 2024 | 10 replies
The following might be your next steps:Financial Review: Evaluate your financial condition, taking into account the down payment, probable financing terms, and overall affordability of a new house.Research Local Real Estate Markets: Learn about the local real estate markets in which you are interested in owning a rental property.
Andy S.
Service/ESA Animal in New Jersey
9 February 2024 | 18 replies
*The landlord can demonstrate that making accommodations for an ESA would impose undue financial burden or logistical burden.
Deborah Vaupen
Rental Increase -Mail Not Delivered Within 5 Days- What do I do?
6 February 2024 | 0 replies
I sent a rental increase in a non-rent controlled area via Certified Mail 35 days before the increase is to take effect (30 days + 5 days for mail).
Kay Hart
Ramifications of not paying off your mortgage balance
8 February 2024 | 6 replies
With such things, they will usually offer you some time (we had a case once where it took us a while to find a new bank to refinance shortly after the financial crisis in 2008) before actually foreclosing, but they will eventually pull the trigger and begin foreclosure proceedings.
Sienna Cardona
Starting Out in Real Estate as a Younger Individual
8 February 2024 | 6 replies
I am planning on getting a degree in interior design to help increase my success and potential in house flipping.