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26 March 2024 | 47 replies
It is actually assessed (taxable value) that seems to be the closest indicator to the selling price.
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24 March 2024 | 1 reply
Lot of apartment complexes around the area used to have a waiting list so that's a good indicator on renters in the area.
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24 March 2024 | 1 reply
There are also cases where a mix of both self-management and outsourcing is used.For example, the Hong Kong Housing Authority has a comprehensive management structure with various committees responsible for policy and implementation, indicating a largely self-managed approach.
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24 March 2024 | 4 replies
Also look to see if there are extended stay-type hotels in your area as that is a good indicator of market demand.
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24 March 2024 | 6 replies
make sure you indicate when you're signing for the company verse when you're signing in your personal capacity.
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23 March 2024 | 1 reply
How do you assess the overall investment climate for multi-family properties at present, considering factors such as interest rates, economic indicators, and housing supply dynamics?
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25 March 2024 | 118 replies
Thanks again for all the help.You didn't indicate your reasoning for OOS investing, below are the reasons why and where most investors target.CF, almost no Appreciation, meet the 1% rule - Mid-western statesNone to minimal CF, mid to high appreciation - TX, FL, TN, CO, IDHope this helps..
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23 March 2024 | 14 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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22 March 2024 | 4 replies
HOWEVER, be prepared that an u/w may find the numbers higher than usual for the area and may scrutinize this further. if there is indication this is room-by-room, it likely will be a no-go, and you could end up being hit for the expense of the property without any income to help offset it on your DTI.
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22 March 2024 | 15 replies
My quick research indicates that while there is legal precedent (albeit from 2000) that this would be technically treated as a sale, only the principal and interest paid via seller financing amortization schedule would be taxable.