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3 December 2024 | 9 replies
They might be able to tell you why and help you move it up the search results for a while to help.I agree that lowering the pricing could be a mistake.
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2 December 2024 | 33 replies
This is why we buy only in the suburbs of Milwaukee, even though prices are higher, but taxes are lower and overall you have better demographic pools to rent to.
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4 December 2024 | 17 replies
Depending on what your rate is, you may be able to lower your payment with a refi, even after you move out!
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4 December 2024 | 4 replies
The 2025 Philadelphia assessment hit really hard unfortunately the values that they assign him any properties are pretty accurate of what they're worth in fact, even a little bit lower sadly though, that makes your property taxes a lot higher and gives you a large jump from 2024.
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8 December 2024 | 12 replies
Well owners who already had section 8 tenants in place didn't want to spend $5, $10, $15k or more upgraded a unit that has a tenant in place just to maintain the rents they had (or have a slight increase) so a lot of section 8 approved properties stopped taking section 8.Right after COVID though, it seems that section 8 has lowered their standards a bit.
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8 December 2024 | 19 replies
I chose Chase because they had a lower rate than the local lender I talked to in Alaska but now I can see that was a big mistake.
2 December 2024 | 17 replies
You will likely have to lower the rent because you are taking space away from them AND making them share space.
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4 December 2024 | 0 replies
If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.
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2 December 2024 | 1 reply
Over the whole year we have had higher listings than the previous year (the last several years have had lower and lower inventory each year).
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1 December 2024 | 25 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.