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23 October 2024 | 5 replies
I would just find comparable parcels in the changed zone that have sold and use those.
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23 October 2024 | 1 reply
Hi Aya,The value of the home will remain consistent with all other comparable homes completed in an appraisal.
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25 October 2024 | 5 replies
what I would do to decide if brrr method is the way to go-Assess the cost of necessary updates and improvements and compare them to the potential increase in your home's value.
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25 October 2024 | 18 replies
I'm a huge proponent of being able to lawyer without the assistance and expense of counsel.In the big scheme of things, eviction proceedings are quite informal compared to other actions and really the question becomes 1) is there a valid lease?
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23 October 2024 | 3 replies
I think the top factors are type of home (comparing single family to apartment is no longer done), overall size, and interior features like central AC, approximate age of renovation, etc.
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23 October 2024 | 3 replies
Hi all - I'm struggling with what the best type of analysis to use to come up with to compare investment options and wondering if anyone could help me focus on the right metrics.I am trying to make a decision on build on an existing piece of land that I have or to buy a completely different deal.Details:- Currently own/operate a triplex that cash flows very well.
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25 October 2024 | 13 replies
Understanding Commercial LoansProperties with 5 or more units typically fall under commercial real estate loans, which have different requirements compared to residential loans.Requirements for a Commercial LoanCreditworthiness: Both your personal and business credit scores will be considered.Down Payment: Typically, 20-30% down payment is required.Debt Service Coverage Ratio (DSCR): Lenders will assess the property's income relative to the debt payments.
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24 October 2024 | 3 replies
While this is all going on, what research have you done to compare LTR and STR options?
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24 October 2024 | 13 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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28 October 2024 | 46 replies
How much more contingency do you have to work withI do not know the local market, but what are the comparable with the STR market to this place.