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25 October 2018 | 2 replies
Her home is in Idaho and mine is in Washington state (in towns about a 45 min drive apart).
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25 October 2018 | 0 replies
They say on their postcard that they charge 35 cents per post card or 45 cents per letter, which is much cheaper than the bigger companies.
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28 October 2018 | 4 replies
Does it allow time for a 30 to 45 day (from the time your end buyer starts the process with his lender) financed closing?
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26 October 2018 | 3 replies
I am a real estate agent, getting back into it after 4-5 years off.
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26 October 2018 | 7 replies
I have a couple $45/ hr handymen I keep on Rolodex for fast fixes that cant wait.
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26 October 2018 | 2 replies
It's usually around 4-5 loans that you might start to get some resistance.
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31 October 2018 | 1 reply
A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment Conventional Loan- 30 year amortization- $15,112.50 down pmt + any closing costs• Percentage of residents with less than $1,000 saved: 56%• https://www.gobankingrates.com/…/…/americans-savings-state/…- $287,137.50 amt financed- 4.375% interest rateHow the payment looks:PI= $1,433 mosIns= $105 mosTaxes= $458.33 mos (Assume $5,500/yr)HOA= $25 mos$2,021.3/mos PITIDTI’sHousing ratio= app 33% @ median income ($2021/$6124)FHA should be at 31% or less with Conv/VA/FHA being around the same although all have exceptions in placeTotal DTIThese hover between high 30%’s to manually underwritten total DTI’s in the 50’s or higher depending on the programs@ 45% Total DTI Ratio and assuming the above PITI pmt that gives a borrower approximately $734 per month in all other creditor debt (cars/cc/personal loans/etc)These numbers are not perfect but are rather a quick illustration of current housing affordability in Austin for Retail Buyers.Summary: Housing is becoming less and less affordable in the COA for end retail buyersAssuming increases in property taxes/insurance/interest rates on the horizon how does this affect us as investors?
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26 October 2018 | 3 replies
Although I have no magic crystal ball - On a gut jobDepending on how extensive you are guttingWindows/Electric/HVAC/Plumbing $45 - $65 per SF is a fair Guesstimate
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8 March 2021 | 13 replies
I made the commute up there (45 mins one way) and it was worth it.
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5 November 2018 | 5 replies
Are you 19, 45, or 71 years of age?