
4 February 2025 | 11 replies
Anywhere in between, I think it's deflationary because consumer won't continue to eat it & supply side is still long enough to not warrant new supply at tariff related prices.We really need to see how long this lasts.

4 February 2025 | 3 replies
Are there any investors looking to team up and any lenders for buy and holds and new construction?

18 February 2025 | 7 replies
Thank you Dominic You are right this is a case of simple mulishness our attorney is inefficient we need to find a new one

25 February 2025 | 6 replies
(think flips, new construction etc.)

25 February 2025 | 4 replies
Or if they continue to be difficult to work with, start looking for a new property manager.I don't think it's necessary for you to specifically mention in your listing description that you accept section 8 tenants because it's illegal to discriminate on the basis of income in Illinois, which protects Section 8 voucher holders.

8 February 2025 | 13 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

24 February 2025 | 5 replies
If you did not have an existing policy, the correct way to write this would be with the new owner as the first named insured.

8 February 2025 | 9 replies
Hello Michael Baum new here and to STR, would you mind sharing with me as well?

30 January 2025 | 8 replies
My property has new roof and new sewer and all tenants have renters insurance.

30 January 2025 | 2 replies
It’s always exciting to see new members join.