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25 December 2024 | 11 replies
Longer tenancies mean lower turnover and vacancy costs, so two single-family homes usually generate more reliable income and higher net cash flow than a fourplex.Vacancy risk: A fourplex has four times the vacancy risk of a single-family home.
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19 December 2024 | 7 replies
Otherwise, yes you have to either excavate and repair and replace or run a pipe burst through the line, which is usually as expensive as excavating.
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11 January 2025 | 420 replies
What changes in every period (usually a month) is how much of the payment is applied to the principal and how much to the interest.
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19 December 2024 | 13 replies
True, Republicans in 2025 will control the White House and both chambers of Congress.You can easily Google how the legislative process works or just trust my Cliff Note: having a simple majority usually does NOT assure that Congress passes any bill, including tax bills.
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21 December 2024 | 6 replies
If this is a "store bought" fire place (not a wood stove) then usually only processed presto logs are appropriate because they burn at a constant speed and keep the heat down.
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23 December 2024 | 9 replies
As PMs, we often hear the opposite so I'm interested to hear more. 10% on LTRs, usually 50-75% 1 month lease fee for placement, $200-$300 for renewal.
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26 December 2024 | 21 replies
Usually the State Attorney General's office is a good place to start.
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31 December 2024 | 32 replies
if yes then you got the answer, an appraiser will never come in with the proper value of A turnkey, because they rely on local comps even though those comps need much work and the principal is already done and cash flowing.2- These turnkey sellers usually purchase there properties for far below market value, if this is the case the appraiser might appraise for A lower amount due to the previous sale on the property.I don't know what turnkey seller specifically you are talking about of, but if their customers are happy then you got your answer, if their customers claim they were ripped of then you got the answer as well.
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18 December 2024 | 2 replies
Sounds like its time to sell since the HOA fee just doubled which usually means the HOA has not been managed properly and failed to build a strong reserve account.
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22 December 2024 | 23 replies
@Brett Jurgens, I usually tell folks they need to have a reason to sell and do a 1031.