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26 September 2024 | 7 replies
You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.
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28 September 2024 | 4 replies
Because buying a one-off in those areas and then paying property management is going to cut or kill your profits.If you are doing OOS, you should focus on more turnkey or rent-ready over value add because as a new investor, you are going to lose money on the remote rehab.With a prior bankruptcy, an FHA loan, and 50k from someone else or inheritance, I would think a little more solid about how you want to invest.
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27 September 2024 | 10 replies
This should include which areas you can access, what hours you can work, and any safety measures you’ll take.
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29 September 2024 | 12 replies
I have a friend with a property in the edge of butler that rents easy so I would agree with you on that.
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26 September 2024 | 0 replies
This included installing new tile flooring at the front of the house to enhance curb appeal, upgrading the electrical panels for safety and efficiency, and putting on a new roof to ensure long-term durability.
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27 September 2024 | 14 replies
Back to today: I got off the phone with my agent, where I communicated how I wanted to present my offer (in summary: if the seller rejects my original offer, I hope they'll make a counteroffer, but if I decline that counteroffer, I will move on to make an offer on the next property of the few I am interested in the market - this is to avoid a back-and-forth and the property had been listed for a year with a 25% price cut in that time).
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26 September 2024 | 2 replies
Most likely with the Fed cutting rates, at least historically, the rate cut has led to a recession which usually leads to lower interest rates in an effort to jump start the economy.
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27 September 2024 | 66 replies
I think not being in sites like this has caused me to lose my edge.
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25 September 2024 | 11 replies
The rate market may now create a better safety-net scenario than before as well...
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26 September 2024 | 11 replies
"Over the last four tightening cycles, the time between the first hike and first cut averaged 2.2 years, and never exceeded 3.2 years" - credits for www.pensford.com