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23 November 2024 | 38 replies
I'd say a minimum of 15 deals per year on average.
25 November 2024 | 3 replies
But with this being a 5 unit multi-family building most lenders do not offer a loan product that will take the STR revenue into account.
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28 November 2024 | 4 replies
The city has good macro economic factors and a strong economy - I looked for cities that were at least better than the national average when it came to population growth, wage growth, median sales price growth, etc 2.
27 November 2024 | 7 replies
However, my income is inconsistent, with last month’s earnings around $4,000, this month expected to be about $3,000, and an average of roughly $2,000 per month.
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28 November 2024 | 5 replies
In my area there are a few small regional banks that have competitive DSCR products.
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26 November 2024 | 15 replies
Yes, when bad things happen its a great time to be look at how you planned and prepped to be able to handle those things and feel GOOD that you were able to manage things such that they are turning out BETTER than you planned for on average.
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4 December 2024 | 32 replies
I really like this and I will follow it.One last comment, if I want to focus on finding deals, what are the most efficient/productive ways to find them?
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25 November 2024 | 9 replies
I am using rough numbers on the depth but around an average of 3 feet.
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23 November 2024 | 2 replies
Quote from @Taylor Davila: What is the average cost of converting a single family home into a duplex?
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26 November 2024 | 6 replies
I ran a CMA on the property and got an average sells price of $290k. $280k is what I ran my numbers off of to be safe.