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17 October 2024 | 7 replies
A couple of thoughts specific to condo investing:1) Be sure to include the condo fees into your cashflow analysis, and budget for potential assessments as projected capital expenses2) Make sure the condo association is solvent - a good litmus test is whether or not the units are approved for FHA financing3) Make sure the condo association rules/regs allow for rentalsGood luck!
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19 October 2024 | 0 replies
Offer Value Beyond PriceIn competitive or slow markets, creating value for the seller can tip the deal in your favor: Quick Closings: If you can close faster than competitors, this might persuade the seller to accept a slightly lower offer.
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16 October 2024 | 0 replies
Despite some complaints about pricing, Area15 is seen as a testing ground for immersive entertainment across the U.S., with international expansion plans on the horizon.
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17 October 2024 | 0 replies
Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).
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26 October 2024 | 25 replies
That is not how it works.We adopt something because it is tested, proven, and understood it works, why it worked, to what extent it will work, and in what cases it could not work.This is the reason why we should do something, not because it is popular.
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17 October 2024 | 5 replies
@Wayne KingI have not used them, although I've heard of them a few years ago.However, if you are still on the fence after finding someone who used them - Buy a few leads—start with a small test amount—and assess their quality for yourself.
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17 October 2024 | 12 replies
If you move out early, the landlord can charge a fee even if you find an acceptable replacement tenant.
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20 October 2024 | 8 replies
There is a surcharge in rent that goes up with the number of tenants per unit, this is also known and accepted as normal.
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16 October 2024 | 3 replies
Just wade in, figure it out, test it out.
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16 October 2024 | 0 replies
Now is not the time to “test the market” with an ambitious price to “see what happens.”