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30 July 2024 | 5 replies
However, if it's going to be a rental, put as little money into the principle as you can get away with.
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30 July 2024 | 8 replies
I'm waiting until i get more capital and cash reserves to have for when i do purchase, so in the mean time ive been looking briefly on the property's my real estate agent has been sending me. essentially i was wondering what should i be doing while I'm waiting and working towards my first purchase.
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1 August 2024 | 7 replies
I started a real estate focused meetup in Worcester, became an investor focused agent.... essentially went all in to the market with everything I had.
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1 August 2024 | 22 replies
Essentially if the selling realtor does not check that box, then potential buying realtors will not know if the home loan is assumable.Do you as a realtor have other access?
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31 July 2024 | 5 replies
A three-bedroom one to two bath ranch is essentially a commodity.
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30 July 2024 | 2 replies
Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income
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31 July 2024 | 19 replies
@Jason Lopez I essentially did STR for about 25 years before it became popular.
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31 July 2024 | 13 replies
Now, If I was a GC and that was my cost on labor I would assume they would add another $20k as acting GC for profit.So essentially saving myself the 20k markup a GC would charge me.
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30 July 2024 | 8 replies
FHA Loans are going to be essentially the same regardless of who you go with so probably just makes sense to shop for a few and pick the lender you are most comfortable with
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1 August 2024 | 42 replies
Basements are essential for value in Wisconsin so I look at sitework costs and land conditions very closely.