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7 November 2024 | 22 replies
Not sure if you knew this, but I am originally from Nebraska.
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7 November 2024 | 10 replies
Originally posted by @Conrad Muller:Hi!
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31 October 2024 | 6 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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7 November 2024 | 7 replies
I don't think refinancing will make sense here at all, Assuming your property does appraise for $166k, and you take out a loan at 75% LTV, that will give you a loan amount of $124,500Assuming your loan fees are the following: Origination: $2,490Underwriting: $1395Processing: $500Title/Escrow/Other Closing Fees: $1800Prepaids: $1,300Subtracting the payoff + loan fees that would leave you with $17,015 at closing.
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7 November 2024 | 15 replies
It also sounds like you don't fully understand the laws.I took his post to mean that originally the tenant was paying the full rent by making multiple payments late during the month, but then started to fall more behind by only paying a total of 50-75% of the rent each month.
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8 November 2024 | 47 replies
Now if only their newer developers would remember their mobile-first origin story when rolling out new capabilities like smart pricing that only works on a desktop.
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6 November 2024 | 0 replies
I don't suspect this particular home will have many / if any hazards, but it does still have the original (painted) wood siding, which was the impetus for me looking at this , or any similar, program.
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9 November 2024 | 87 replies
Originally they said they would do anything and everything to get inflation at or below 2%.
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6 November 2024 | 8 replies
How do you guarantee the original seller that they will also get back most if not all their money.