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28 October 2024 | 10 replies
Regular sale, where you have to pay for pre-sale rehab, commission (5-6%), tax (20-30%), and recapture of depreciation.2.
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30 October 2024 | 28 replies
Now the rents have skyrocketed over the past year and we find we could be renting to a regular sized family for about $200 less than what we get now!
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31 October 2024 | 18 replies
Use the "extra" income to build a reserve for maintenance, vacancies, and other expenses that don't happen regularly.
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28 October 2024 | 46 replies
Rental income has gone down because of supply and covid money being sapped up.
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30 October 2024 | 15 replies
But then, you have to inspect regularly and become the couch police.
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28 October 2024 | 6 replies
Keep in mind the other homes on the market may all be over-priced at the moment, which is why it's important to watch the market regularly and build a strong sense of what it's doing.
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8 November 2024 | 53 replies
It's a regular response to help someone.
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26 October 2024 | 0 replies
That being said, I think there might be an opportunity for this program to be expanded as the the politicians seem to finally be understanding that they need to do something to fix the lack of supply of new construction homes and I'm thinking this program may end up being a part of their solution.I've tried finding some real meat/details on the program but all I can seem to find is the broad strokes at a really high level.
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28 October 2024 | 7 replies
Then I get the prospective clients making 6 figures on their regular job but they're still swapping out doors on kitchen cabinets or fixing toilet guts in the evenings and can't see the forest through the trees yet.
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25 October 2024 | 2 replies
WikipediaSustained and significant population growth: Prices and rents are a function of supply and demand.