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1 February 2025 | 1 reply
A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.
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3 February 2025 | 15 replies
Your monthly corporate rental rate is $2800 per month and you have an 80% occupancy rate.
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11 February 2025 | 13 replies
Consider a quarterly bonus based on occupancy rates, maintenance cost savings, and overall revenue growth.
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18 January 2025 | 8 replies
You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.
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29 January 2025 | 3 replies
Also, I would look at rental rates to property values to determine if any areas are around the 1% rule.
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3 February 2025 | 7 replies
Yes, a HELOC or bank a line of credit is different than a lump-sum amortizing mortgage (DSCR or otherwise).
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12 February 2025 | 14 replies
NOTE: you have to live their 12 months due to mortgage requirements.
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1 February 2025 | 3 replies
Hi Even,I don't know about DPA and Grants but I do have a great program with only 3 precent down and low interest rate.
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15 January 2025 | 11 replies
I expressed my objection to the rate.
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5 February 2025 | 6 replies
Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates.