16 November 2021 | 4 replies
There are other players and it is an extremely active market, so research a lot and stay up to date on users' forum to get the latest information.For maximum overfunded permanent life insurance, I personally prefer Index Universal Life insurance as, on the long run, they will provide higher return than Whole Life insurance, but may, in the short term, have more volatility.
14 November 2021 | 3 replies
.$800x3=$2400-HOA$1350-mortgage$900=$150$1200x3=$3600-HOA$1350-mortgage$900=$1350I have difficulty seeing the benefit against the risk to my primary residence and to be honest scaling up would be difficult as I would loose money if units were not rented.Option 2 is a duplex property which would only scale slightly over time with upgrades.$2000-insurance/yard$525-mortgage$900=$575Option 3 would be to find a 3 unit building that could make between $1875 per month after all expenses and mortgage and scale to $3075.00 with upgrades.Of course option 3 is sounding better but finding a 3 unit building at my price is not going to be easy.The 1% rule is becoming clouded when factoring in the cost of the home refinance.Please provide feedback on my way of thinking.
23 January 2022 | 17 replies
@Miguel Bautista I just installed windows and I too initially scoffed at the prices, I got one quote for $400 per window, I wish I took that, it was the lowest I believe, I bought cheap windows at HD for $160 each and tried installing them myself, pretty simple until it’s not, I had wood rot problems, honestly still easy and you could do it yourself but will take time and stress you got a lot so once you learn one easy you do the rest.
17 November 2021 | 8 replies
I've used those to help a number of clients wrap their brain around potential returns and they are extremely helpful.
5 December 2021 | 9 replies
I'm honestly doubtful as well that it will end in January.
18 November 2021 | 10 replies
-Playing in the large multifamily syndication space (100+ units) is extremely challenging on your own.
14 November 2021 | 4 replies
I'm not strictly only open to connecting with a single person; a group of individuals like this would be extremely powerful.
16 November 2021 | 6 replies
I've tried various things: shorter inspection time period (typically it's 10 days here, and if you do a 3 or 5 day inspection time you can be attractive b/c the seller can get it back on market quicker if you find something you don't like during inspection period); non-refundable earnest money (maybe $1000 of money that you will not get back for any reason on your side - not if the seller breaches-- should the offer not go to completion - this shows you are an extremely interested buyer, but you could lose the money, so use cautiously and with the advice of your agent who knows how to correctly write that into the contract); put a limit on the repair request no required by lender - cap it at $0/as-is, or $500; a higher earnest money - like $5000, shows you are serious.
15 December 2021 | 30 replies
@Ryan Daniel Palmer - That's honestly a tough situation that stinks.
16 June 2022 | 10 replies
My STR property has extremely limited internet options, and I'm wondering if Google Fi is a better bet than the local providers that are likely unreliable.