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7 January 2025 | 5 replies
The quality of available tenant varies drastically depending on the neighborhood.
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12 January 2025 | 12 replies
Thank you for taking the time to do a deep dive. 2% home appreciation was also a fairly low estimate, it looks like in that area it is actually around 5-6%.
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9 January 2025 | 5 replies
Also, for low value properties, most lenders wont take the risk.
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6 January 2025 | 38 replies
And still, neighborhoods can change, tenants can go rogue, things can break etc.I'm always looking for ways to help protect investors so I'm open to any ideas you have.
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9 January 2025 | 4 replies
For example you are putting in low grade laminate and all other listings are putting in high grade vinyl.
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9 January 2025 | 5 replies
A property could be cheap but be located in a low performing market.
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2 January 2025 | 53 replies
That protects you from having to sell to low.
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23 January 2025 | 23 replies
Most banks I work with require anyone with over 20% ownership to guarantee the debt but have seen as low as 10%.
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8 January 2025 | 10 replies
If I ever run low on reserves, I can easily transfer funds from my personal to rental account.
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13 January 2025 | 10 replies
When I worked as an MHP broker, if the park was on a lagoon, I could never find a buyer no matter how low the price got.