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9 January 2025 | 5 replies
You could use a HELOC, but with VA loans you have an allotment so you can get loans on more than one home depending on how much bandwidth they give you.
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16 January 2025 | 1 reply
For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.
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16 January 2025 | 23 replies
For example, an ADU is nice for a rental, but not every home buyer wants to pay a premium for an ADU on their property.This would be case by case and property dependent.
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23 January 2025 | 15 replies
We do this for a living and our reputation depends on you successfully securing a loan, on time, and as promised.Â
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14 January 2025 | 15 replies
This depends on the details.Â
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16 January 2025 | 9 replies
A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.
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19 January 2025 | 9 replies
But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.
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12 January 2025 | 8 replies
However, ensure you understand the local tax structure and any potential future changes.Economic Dependence: While Albuquerque has a diversified economy, it's worth noting that government and military jobs play a significant role.
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12 January 2025 | 3 replies
Creative Financing" can mean a lot of different things depending on who you're talking with.Â
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13 January 2025 | 5 replies
It all depends on the work you/your clients want to do to create value and the overall game plan.