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18 June 2024 | 6 replies
ARV Rent - 8100 DSCR loans don't rely on after repair value.
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19 June 2024 | 18 replies
DSCR loans do not rely on strict DTI ratios, allowing flexibile underwriting, and they support LLCs/entities.
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18 June 2024 | 5 replies
The information contained in this post is not to be relied upon.
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20 June 2024 | 23 replies
When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.
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18 June 2024 | 0 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.
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22 June 2024 | 129 replies
They have their place (some of the time) in real estate transactions, but it's best not to rely on the advice of someone for advice on real estate, who gets paid only when you buy or sell.
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17 June 2024 | 7 replies
I would not rely on a Land Trust for various reasons like the perception of deception.
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17 June 2024 | 25 replies
Rentometer is ok in some areas I guess where the housing stock is pretty generic, my area has way too many variables for it to be accurate enough to rely on.
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17 June 2024 | 5 replies
The information contained in this post is not to be relied upon.