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14 January 2025 | 4 replies
Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell.
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20 January 2025 | 11 replies
For the lower value properties they generally create less tax savings and it may not be worth it.
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21 January 2025 | 18 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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16 January 2025 | 3 replies
We have made money buying properety based on cash flow (lower priced) rented out for a period, then selling to an owner occupant.
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17 January 2025 | 37 replies
Blue Gate Capital Never Charges Any Upfront Fees, Our Clients Pay AMCs or Appraisal Companies Directly.
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17 January 2025 | 23 replies
Seems like it'd be lower maintenance since it's a new build and in a nice area.
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17 January 2025 | 14 replies
I think the engineering issues on them have been resolved.I've used a number of different brands (lower price point) and haven't had issues with any of them.
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12 January 2025 | 12 replies
I did get lot rate for a similar rural park that is about 40 miles away, and they charge $350 per month, which is decent.
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18 January 2025 | 36 replies
She's also likely to be causing your tenant in the lower unit to have a higher heating bill.
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21 January 2025 | 14 replies
I haven't heard of that company, but if you are looking for done-for-you real estate investing then just know that your returns are going to be significantly lower.