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15 October 2024 | 5 replies
.- You mentioned you don't need the money right now, so holding onto the property could provide long-term rental income and potential appreciation.Here’s what you should consider:- **Financing Costs**: If you decide to rent, ensure you factor in all expenses, including mortgage payments, property taxes, insurance, and maintenance.- **Market Conditions**: Check the local rental market to see if $1450 is competitive and if there's a high demand for rentals in your area.- **Long-term Goals**: Think about your long-term investment strategy.
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15 October 2024 | 16 replies
Everyone's circumstances are different, so maybe it makes sense for you to borrow against the 401k, but I just think it is important that folks are fully educated on all factors before making that decision.
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15 October 2024 | 7 replies
For example an Uber driver might show $4k per month in deposits, BUT that doesn't factor in their EXPENSES such as fuel and maintenance which might be $1k per month.
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15 October 2024 | 8 replies
Quicker build times, no external factors (weather), precise details.
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11 October 2024 | 2 replies
Hiring a property management company is a decision that requires careful thought. IREM President Libby Ekre, CPM, shares five essential things to look for:
Licenses & Certifications – Ensure the firm has certific...
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17 October 2024 | 26 replies
An agent who invests themselves will often have insights into investor-friendly lenders and can help you navigate the requirements, including debt-to-income ratios and how to factor rental income into your mortgage qualification.
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10 October 2024 | 7 replies
Finally, I recommend you check out Lifestyles Unlimited.
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14 October 2024 | 3 replies
LA city is currently 4% but that can vary based on several factors.
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14 October 2024 | 0 replies
These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.