
23 November 2024 | 38 replies
@Amanda SkipperTo find reliable property managers and agents for remote work, consider factors like experience with investors, local market knowledge, and remote buyer experience.

25 November 2024 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

15 November 2024 | 3 replies
I’m in the process of setting up a google drive for my newly sprouted real estate business.

25 November 2024 | 19 replies
Your property type and location are key factors in determining this.

22 November 2024 | 6 replies
Quote from @Luis Pereiro: Quote from @Jay Hinrichs: what position that's an important factor.. bare land notes generally sell for a 20 to 30% yield.

22 November 2024 | 13 replies
., who might also want to open an outpost, as well as drive local traffic so it's not all real estate and other people want offices there too.

28 November 2024 | 9 replies
Typically they already have a blueprint that they can readily see from their parents examples, but the motivation and drive is not there.

23 November 2024 | 0 replies
.- Strategic Location: Close to major commuter routes (I-495, US-29) and public transit (Metro).High Demand: Inventory in Silver Spring remains tight, driving competitive offers for move-in-ready properties.Diverse Market: A mix of young professionals and families ensures a broad buyer pool.

25 November 2024 | 10 replies
More competition > more offers > more bidding wars driving higher prices.

23 November 2024 | 7 replies
Franklinton is undergoing rapid transformation, with developments like The Gravity Projects, new breweries, and an expanding arts district driving change.Safety and Future Outlook:Increased Investments: New developments bring better lighting, public spaces, and infrastructure, naturally improving safety.Community Growth: More residents and businesses create activity, discouraging crime and boosting the neighborhood's vibrancy.Police and Outreach: Enhanced patrols and local organizations address crime and substance issues.While challenges remain, ongoing investments and gentrification make Franklinton safer and more attractive.