
17 January 2025 | 14 replies
They're $99, rated 4.5 stars and I've never had a problem with one.

20 February 2025 | 46 replies
Always be cautious of what you charge on things like paint, flooring etc.. most judges will use life expectancy and divide out a pro rated amount you could charge the tenant for excessive damage and not normal wear and tear

19 January 2025 | 8 replies
@Loren Souers I'd have to run the specific scenarios with the rates and fees, but if you're OK with paying the higher closing costs, the Mortgage 1 deal looks good, particularly if you focus on CoC returns.

16 January 2025 | 6 replies
If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.

15 January 2025 | 15 replies
Is this expected since interest rates are high and listing prices are subsequently dropping?

17 January 2025 | 23 replies
So the choice of tenant would be key.On the flip side, reasons to hold: a very low mortgage rate; probably not the case.

17 January 2025 | 4 replies
When loans were called, was it due to specific triggers like delinquencies, insurance lapses, or low-interest rate portfolio loans held by smaller banks?

20 January 2025 | 2 replies
.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.

16 January 2025 | 8 replies
Look, we’d all like to search the internet, find a deal for sale, analyze the property as having a great cash flow at current interest rates, with lots of upside potential in a gentrifying market.

20 January 2025 | 37 replies
Quote from @Jed Butikofer: Unfortunately, it takes money to make money.With high prices and high mortgage rates, cash flow is difficult to find and we may not see a return to the 2018 market for a while.