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30 July 2024 | 16 replies
I like the ability to easily invest in new construction deals throughout the country where teams are already set up in place and they are able to coach me through the strategy of how to accomplish my goals.
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2 August 2024 | 39 replies
Sometimes expectations greatly exceed a service providers ability to deliver.
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30 July 2024 | 12 replies
It is quite obvious from reading these reviews that the tenants are quite unhappy with Renters Warehouse' ability to manage a rental property but I thought it should be known that they are also misleading the property owners.
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29 July 2024 | 19 replies
Private money is so much easier to come by when you have a record to prove your abilities as an investor.
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28 July 2024 | 2 replies
If you have $15K in student loan debt and are paying it off little by little (your words)-what are the interest rates, how long will it take you to pay it off, does it affect your ability to borrow for a mortgages (or save the down payment)?
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29 July 2024 | 15 replies
I like Hospitable, but the ability to automate this one thing might be worth a switch if someone else offers it.
29 July 2024 | 10 replies
But also, these tenants might inhibit your ability to push rents on the other units, since tenant junk on balconies, or broken down cars in parking lots, etc just paint a bad vibe for the whole property.If it is a "marginal" tenant, I would give them an aggressive increase.
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29 July 2024 | 6 replies
Below is a comparison of average annual property insurance and property taxes for 5 states:Texas: average insurance: $2,536, property tax percentage of value: 1.68%New York: average insurance: $1,418, property tax percentage of value: 1.40%California: average insurance: $1,839, property tax percentage of value: 0.75%Nevada: average insurance: $1,144, property tax percentage of value: 0.59%Florida: average insurance: $2,207, property tax percentage of value: .91%To put these costs into perspective, below is a comparison of the annual cost for a $400,000 property.Texas: $2,536 + 1.68% x $400,000 ≈ $9,256New York: $1,418 + 1.40% x $400,000 ≈ $7,018California: $1,839 + .75% x $400,000 ≈ $4,839Nevada: $1,144 + .59% x $400,000 ≈ $3,504Florida: $2,207 + .91% x $400,000 ≈ $5,847Sources: Homeowners insurance, state average property taxesIndirect costs: Rent control is a hidden tax that may limit your ability to select the best tenant, remove a non-performing tenant, and increase rents enough to compensate for inflation.
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28 July 2024 | 7 replies
The good part is that they are giving tenants the ability to see things.
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31 July 2024 | 20 replies
Because we are in house with our development deals I am not counting on someone else's ability to find a good development deal.