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5 December 2024 | 6 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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6 December 2024 | 9 replies
I am happy to consider listing with a realtor, but the price would have to increase to accommodate commissions.
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4 December 2024 | 17 replies
Also, rent typically can be increased every year.
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4 December 2024 | 15 replies
Start small with a multifamily property in areas showing job growth, population increases, or redevelopment potential.
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4 December 2024 | 4 replies
One of my fathers properties taxes nearly increased by $3000 and it was only $3800 before I tried to appeal all of my properties and unfortunately got denied
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4 December 2024 | 0 replies
I ended up renovating the home completely and was able to increase rent and secure another 2 year tenant with three garages rented.
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6 December 2024 | 45 replies
There are very few places where you can still get anywhere near the 1% rule, and in Omaha you really don't have to look that hard to find those opportunities in droves.Not to get too into the weeds, but I have a thesis that the Midwest as a whole will begin to outperform the coastal and southernmost cities as time goes on-- primarily driven by increasing COL & decreasing QOL in said coastal urban cities.
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5 December 2024 | 6 replies
For sure get hard quotes for the reno and for insurance and property tax increases.
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4 December 2024 | 6 replies
@Cameron Porter +95% of the land bank inventory is already picked over by the time it hits the public.The only people we know that have bought ALL went over budget and only the increasing market covered what would have been losses.So, proceed VERY carefully!
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8 December 2024 | 12 replies
Well owners who already had section 8 tenants in place didn't want to spend $5, $10, $15k or more upgraded a unit that has a tenant in place just to maintain the rents they had (or have a slight increase) so a lot of section 8 approved properties stopped taking section 8.Right after COVID though, it seems that section 8 has lowered their standards a bit.