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22 October 2024 | 7 replies
But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more.
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30 October 2024 | 28 replies
Plus, demographically speaking, assisted living will be the most in demand asset class over the next few decades, further reducing risk and driving increased rates an opportunity.
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24 October 2024 | 1 reply
Keep your sites clean, reduce your liability exposure, keep your loss run reports clean and premiums from increasing. 2.
25 October 2024 | 2 replies
This enables them to act quickly when a promising property becomes available, reducing the risk of losing out to other buyers.
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24 October 2024 | 5 replies
By being open to single family homes as well it really increases your choices, and for us, reduced the cost per door of acquiring our properties.
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24 October 2024 | 32 replies
Rural doesn't necessarily preclude a property for many lenders, but it will reduce the ltv (typically to 65%).
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24 October 2024 | 3 replies
I know there is an ATI exemption that reduces the taxable value by ~25%.Anyone else went through this and can advise on how to move forward with this?
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25 October 2024 | 2 replies
Waiting for rates to drop before refinancing mitigates the risk of locking in a high-cost loan and significantly reduces the pressure on cash flow.Upcoming Opportunities: Many investors who bought aggressively during the 2020-2022 period, especially those with five-year fixed-rate loans, may face challenges when their rates become variable around 2026-2027.
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22 October 2024 | 10 replies
- It's after Labor Day when all kids are back in school and as a result, the market has slowed. - It'll slow even more after Halloween.- It may be cheaper to see if you can negotiate a reasonable extension fee with your HM lender and continue to try to sell.DM us if you'd like to chat more...
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25 October 2024 | 9 replies
By hiring property management, you'll reduce stress and gain more time to focus on your investment goals.