26 March 2020 | 54 replies
This poses a serious problem as the incoming tenants have typically given a 30-60 day notice to their previous landlord so they are almost always under a time crunch and may have already made arrangements with moving companies and utility companies.
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3 May 2020 | 46 replies
However, eventually, I think everyone will experience a credit crunch as we should expect values to start to decline in the near term.
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8 May 2020 | 10 replies
Don't forget, with the ongoing pandemic, many homeowners that cannot work will feel the financial crunch.
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1 May 2020 | 16 replies
It has nothing to do with intimidation.I crunched alot of numbers on that deal and spent a lot of time on it.
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22 March 2020 | 19 replies
:Wondering what happens to all the people who told me their reserves was a LOC or a credit card.The well to do seem to think there is going to be a liquidity crunch.
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21 March 2020 | 2 replies
My target is 1.7 and with rent increases all my loans are >=2.0.Crunch your numbers with what was offered.
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14 May 2020 | 13 replies
and people who don't need to buy are pausing, while sellers who aren't under a time crunch also hit the pause buttonOn your final question about waiting it out - I, for one, can definitely wait.
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22 March 2020 | 6 replies
It could be, but crunch your numbers carefully.
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27 March 2020 | 10 replies
After crunching the numbers, we found the rental price will need to be pretty high for the market in order to cash flow, which I checked with realtors and the management team to confirm it would be possible.Our plan was to rent it out April of this year and moving to Portland, OR (we have a property management company selected and onboard already.I just looked at Zillow this morning and found there are only a few properties listed for rent, and at about half what we would need the price to be to cover the mortgage.With the uncertainty of what's going on in the world, we're at a loss of whether it's a better idea to do one of these three options:1: Proceed as planned, put it on the market, try to rent it and move to Portland in April/May2: Rent it, find a cheap apartment in OKC and live there for 6-12 months and revisit the Portland plan later this year3: Put renting and the move to Portland on hold altogether right now and focus on work right now.Any advice would be helpful.
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23 March 2020 | 7 replies
I'm going to do a little more number crunching this next couple days and figure out if I want to do the deal.