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5 December 2024 | 14 replies
Most of the homes come with a one or two year warranty so we set it up so that they can communicate with the builder directly to handle maintenance issues.- Taxes are usually much lower the first year.
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9 December 2024 | 3 replies
She bought a condo with lower-than-average dues, but a few months in, the HOA announced a special assessment for roof repairs.
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9 December 2024 | 14 replies
Typically I recommend on $150 ADR a night and lower a smart TV with Roku is fine.
7 December 2024 | 4 replies
Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.
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13 December 2024 | 7 replies
Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.Crime is ranked on a scale of 1 (low crime) to 100 (high crime)Binghamton violent crime is 36.6.
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7 December 2024 | 4 replies
I'm trying to decide the smart investment decision - continue renting it out at a lower rental rate OR selling it and trying to find a potentially better performing asset to re-invest those funds in.
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9 December 2024 | 6 replies
But if you want to keep things simple and lower risk, self-funding could be a solid option.
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10 December 2024 | 11 replies
Its a tough subject because logically, they are joint and several guarantys so rationally a 100% guaranty from each of two people (one 740 one 680 for example) is ALWAYS going to be better than just one 100% guaranty from someone at 740 (so it wouldn't make sense to have a better rate for the latter)The problem is that there is fraud and "straw borrowers" out there where someone who is not involved in the property signs on to boost score and terms - so many DSCR Lenders in response either do the "non-rational" thing and price to the lower to avoid the fraud or use the higher of the two (and either be a little loose with things or just stay vigilant on any funny business)
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7 December 2024 | 7 replies
Price points are low when acquiring real estate but that also comes with lower rental market values for your units so it pretty much evens itself out.With that, if you are going to buy in Reading I advise you strongly consider managing your own properties.
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10 December 2024 | 8 replies
This helps lower your holding costs and results in better returns at the end of the day