Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
While they generally have higher market Cap Rates than Class A properties, it is still variable whether they will have good cash flow or be an appreciation play.Class C Property:Continuing down the scale, Class C properties are generally 20 to 30 years old, and pull in blue-collar and moderate-to-lower income tenants who will generally be renters for life.
Mario Morales
Commercial Unit & Leasing
2 January 2025 | 3 replies
It even states that the lease “will repeat itself” but doesn’t specify terms like figures or percentages for rent increases.
Paul Dario Jr
Options for HELOC’s 2025
31 December 2024 | 1 reply
Flexibility in Loan Terms: Josh offered a unique hybrid product that let my friend lock in a portion at a fixed rate while leaving the rest variable.
Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
8 January 2025 | 16 replies
My biggest rule it to pay off the heloc as soon as possible because the rate is variable and its much safer to be in a locked in mortgage.
Sathya Priya Sampathkumar
How do you decide on the location for rental investment with good cash flow?
6 January 2025 | 8 replies
LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
I am curious because that is a very broad statement and there are many variables to this - what is the IRA invested in?
Jesse Valdez
HELP***Week to week tenant eviction
12 January 2025 | 28 replies
By the end of this you'll know more than a double-digit percentage of landlords.
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
.--- Owners don't understand the percentage of maintenance appointments tenants miss!
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
[Milestone 2 and payment amount].Retainage: [Insert percentage, if applicable].Final payment will be made upon satisfactory completion of the work, as verified by the Contractor.4.