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30 November 2024 | 6 replies
There might be Some exceptions such as you did a bunch of repairs/improvements which increased the value of your home .
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2 December 2024 | 1 reply
It just perpetuates the cycle of insurance and cost of living increases here in Florida.
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1 December 2024 | 3 replies
I would love to keep it as a rental but at this time I think it would take too long for the rent values to increase enough to make sense Worst case scenario is I have to hold the home for an extended period if the market decreases short term.
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30 November 2024 | 2 replies
., "What happens if I increase rents by 10%?")
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28 November 2024 | 26 replies
Quote from @David Krulac: Why are your rents increasing so much right now?
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30 November 2024 | 0 replies
By offering strategic guidance, the broker helps investors make informed choices, ultimately increasing the likelihood of project success.Finally, a good private money broker understands the importance of post-funding support.
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1 December 2024 | 93 replies
-Do the area demographics support occupancy and higher rents (population growth, low unemployment, low crime, increasing wages)?
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30 November 2024 | 3 replies
Potentially a 'exclusivity in exchange for reduced fees' or 'reduce per-visit fees as the number of calls increases.'
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3 December 2024 | 14 replies
most bankers are standoffish ;-)yes, the HML/PML will be higher cost, but my concern for you is the banker knows he can't do your deal, but will string you along for a while, ask for additional information that takes you time (and maybe cost) to put together and he ends up either ghosting you or taking 6 months to tell you no.I could be wrong and you may be dealing with a "unicorn" banker, but I believe a HML/PML that knows construction in your market will be easier to work with, actually close your deal, and end up "saving" you money in the long-term...just my 3 cents - even inflation has increased this!
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29 November 2024 | 6 replies
Some expenses are noncash and can be added back to increase your net rental income, and others cannot.