Sanjeev Advani
Southeast Bakersfield Development Proposals Spark Community Concerns
27 August 2024 | 0 replies
Held at CAPK Friendship House, the event featured local developers Max Becerra and Eric Mora, who presented plans for over 1,600 rental units in projects like Mulberry Village and Mayflower Ranch, as well as a 110,000-square-foot retail center with the area's first grocery store.Significant city support includes a 2.5-mile sewer line and plans to annex parts of the area into Bakersfield.
Nate Marshall
Daily Mail (hit piece?) on Brad Sumrok "Greedy apartment king"
27 August 2024 | 4 replies
But the Wall Street Journal had a favorable feature on him in July.
SJ Farrugia
Smartmove v Rentprep
25 August 2024 | 12 replies
Previously I've used SmartMove by Transunion.I'm looking at the TransUnion Full Credit Report on RentPrep and it seems to encompass everything that the RentPrep background check has but I'm not clear on how it differs from SmartCheck Premium (also by transunion).What am I missing here?
Nathan Niemiec
Story by J.P. Morgan Feedback
26 August 2024 | 14 replies
Is such a feature not available at the moment?
Todd Allen
Texas Windstorm on small house?
25 August 2024 | 8 replies
This may drive your premiums down enough to keep insurance in place just in case something unforeseen happens.
Rhea Jeong
Rental income consideration to mortgage
27 August 2024 | 2 replies
The calculation typically uses 75% of the property's gross rental income (as determined by an appraiser) to account for potential vacancies and maintenance costs.Monthly Payment Calculation: The total monthly mortgage payment includes principal, interest, property taxes, homeowners insurance, mortgage insurance premiums (MIP), and any homeowners association dues.Test Requirement: To pass the self-sufficiency test, the calculated rental income must be equal to or greater than the monthly mortgage payment.
Kevin Fox
Value/Return Rooftop Deck/Rooftop Terrace
25 August 2024 | 1 reply
I see many town home new builds have this feature but likely because it allows higher density/lower cost of land since many lack yard area but the rooftop allows an outdoor feature.
Natalie Johnstone
How do you find out neighborhood rating?
26 August 2024 | 5 replies
Also if you're in Zillow, another strategy you can try is to click the rent feature and click on properties for rent in the areas you're interested in and look at number of views + applications.
Melissa Faraias
My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
Ask if they have a prospective tenant for that and if they genuinely do, you can give them the address.Definitely check your price and features vs the other rentals in the area.
Cameron Fowler
Out of State Investing Locations
28 August 2024 | 32 replies
Birmingham, Tuscaloosa, Montgomery, etc.) feature similarly affordable properties that command good cash flow.Alabama also has one of the lowest property tax rates in the country (about 0.4% of property value).