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19 January 2025 | 9 replies
The tax rate would be 20%?
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25 January 2025 | 13 replies
. $2,000 is about the going rate in my market.2.
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3 February 2025 | 27 replies
Get a good cap rate basically covers your financing and ideally 20% more for maintanance, prop management fees.
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12 January 2025 | 10 replies
Nightly rates and estimated revenue based on all the other units in the area?
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3 January 2025 | 8 replies
This is not normal in a rising interest rate environment.
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30 December 2024 | 1 reply
In reality this strategy still works, but we are having to leave more of our own money in the deal because prices are high and/or rent won’t justify maxing the cash out refinance because interest rate is high.
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14 January 2025 | 5 replies
You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.
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14 January 2025 | 329 replies
Had kids in school too.
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3 January 2025 | 26 replies
Rates can be very similar to those of conventional financing (Fannie/Freddie - full doc loans that you will need to prove income to get), but typically a little higher than conventional financing. 2nd - Networking and partnerships!
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16 January 2025 | 12 replies
It earns a great rate of return compared to a bank account and is fairly liquid.