4 August 2018 | 5 replies
I’ve been buying properties in OH at a lower price point cash.
3 August 2018 | 2 replies
The loan servicers we work with all allow for "recasting," which means you can have your payment lowered without needing to refinance if you pay down the balance significantly... see if your personal home's loan servicer offers that, if needed.
2 August 2018 | 1 reply
It's such a rock solid neighborhood - 16 min Metra/30min Blue line to downtown, 94 and 90 access, bus terminal, and a disproportional amount of city workers with good incomes and families.
21 November 2018 | 10 replies
BP pro members get access to lease templates for several states, but my realtor actually gave me her lease that she uses with her tenants, and since were both house hacking it appears relevant to what I'm doing.
3 August 2018 | 23 replies
If you believe that holding cost will supersede cost increase then hold and if marginal or lower then sell.
5 August 2018 | 4 replies
It should be priced somewhat lower due to condition, if rehab is cosmetic only (which it probably isn't in a home that old) You could spend about $30,000 or a little more if you did everything
15 August 2018 | 6 replies
I don't have access to his book but I find it hard to believe he bases his model on a 50% cash-on-cash return.
4 August 2018 | 3 replies
Should I get more cash flow from day 1 but have a lower CoC return (~$200/month NOI with about 20k left in the deal)ORShould I BRRRR and try to get all my money back out of the deal so I can increase that CoC return, at the cost of the monthly cash flow (~$10/month NOI with zero left in the deal)?
1 September 2019 | 10 replies
And while it's still too early to tell how Opportunity Zones are going to affect lower income and other under represented segments, there is still quite a bit of housing stock available for rehab.
30 August 2018 | 5 replies
If it's determined that you are not a tax resident of Canada you would be able to benefit from the lower US tax rates and additional tax benefits such as the use of 1031 exchange, and accelerated depreciation.If you would like to discuss your situation in a bit more detail feel free to reach out to me directly, I may be of assistance.Thanks, Elliott