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10 January 2025 | 12 replies
prices are high, interest rates are high, there is tremendous demand for inventory, and - one thing that doesn't get mentioned enough - a record number of properties are debt free.
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4 January 2025 | 67 replies
This week supposed to be 15 highs and 0 lows.
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7 January 2025 | 5 replies
The owner said he would sell but at a very high price.
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9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
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14 January 2025 | 21 replies
I'd highly recommend Scott Kind, CPA - 518.461.1699.
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9 January 2025 | 3 replies
There is still a high demand for SFRs.3.
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17 January 2025 | 19 replies
TLDR: I don't see a reason for small landlords to use concessions - either the price is too high or you need a remodel if your unit isn't renting.
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9 January 2025 | 9 replies
For each property, I have a few accounts including a high interest earning savings account for reserves within the platform.
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12 January 2025 | 4 replies
Rates are usually in the high 8s or low 9s, and you are likely going to pay 3-4 points for these loans.
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17 January 2025 | 11 replies
Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).