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25 November 2024 | 19 replies
One of the reasons I asked the question is that it seems strange to me that a property management wouldn’t take anything upfront if they inherited a house that wasn’t ready for rent .Our property management also does the cleaning ( deep clean over 4 days was $1000 but they had to deal with some nasty pet hair , fleas etc)and that included some cover up paint etc .One lesson learned here is every contract with owner : property management varied greatly it seems from what is needed .But moving forward - I feel that $500 a month on a $2100 a month property is too high once it’s rented - unless endless problems persist of course ..thanks for your insight!
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20 November 2024 | 4 replies
From what I've seen, the average view-to-application ratio on platforms like Facebook Marketplace can vary quite a bit, but a general ballpark is around 5-10%.
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22 November 2024 | 7 replies
But my understanding is that it's a numbers game.
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25 November 2024 | 23 replies
I’m sure the prices for things are out of date, but they were always going to vary by market anyway.
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22 November 2024 | 7 replies
U can have zero experience and just need a few bucks and a good credit score and you can buy a home to live in or a rental.. but not development deals.. different ball game
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21 November 2024 | 8 replies
It's good to hear that you want to play the long-term hold game as that is how you'll ultimately build equity.
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26 November 2024 | 46 replies
Everyone have a great Thanksgiving Have to come back here for a long weekend and catch a baseball game.
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20 November 2024 | 6 replies
Northbound I-77 has a Quick Pass lane option, though it’s a toll lane with rates that vary based on time and traffic.
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20 November 2024 | 6 replies
A prominent MLO in the northeast was recently charged and stripped of his license for playing this game with his borrowers.Also, everything is reviewed by underwriting.
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19 November 2024 | 6 replies
You have to find a way to implement your game plan within the confines of either an LTR or STR DSCR underwrite assumption.