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20 November 2024 | 2 replies
Craftsman bungalows and historic homes are in high demand.Key ROI Factors:Homes often need cosmetic updates, not full rebuilds, making renovation costs manageable.ARV is climbing as retail, restaurants, and parks continue to develop in the area.Pro Tip: Focus on properties within walking distance of hotspots like Five Points or Riverside Village for a premium resale value.2.
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16 November 2024 | 7 replies
I am hoping to roll these two into one loan and reduce my monthly payment/ interest rate on the HELOC as I will be having the debt long term.I also currently own a 11 spot RV Park which I own all 11 units and is currently generating $10,375/month in rent.
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20 November 2024 | 23 replies
We only do single family homes, so it's not an apples to apples comparison, but the average national turnover rate is about 40%. 4 of the last 5 years our turnover rate was under 6%, and in the last 10 years we've never had an eviction.
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18 November 2024 | 14 replies
Or cashing out and parking the money for a while.
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16 November 2024 | 6 replies
Anytime Mailbox is one of the better national ones!
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18 November 2024 | 14 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.Public RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
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19 November 2024 | 11 replies
A national builder is under contract to purchase all the finished lots to construct the units.
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19 November 2024 | 10 replies
Issues to think about are shared walls (if you're renting to nurses they need QUIET in their off hours), parking and how easy it is to get to/from work in your area.
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14 November 2024 | 22 replies
Hey Erol, There are many DSCR and Hard Money lenders that lend to foreign nationals.
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15 November 2024 | 32 replies
For example, 43206 has German Village and Driving Park in it.