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19 July 2024 | 21 replies
We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.
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17 July 2024 | 1 reply
Despite being remote, I felt confined to my desk every day with little mobility, and the heavy emphasis on commission made it a rollercoaster experience.During a recent trip to the States (I'm Canadian), I had a realization.
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18 July 2024 | 8 replies
I'm looking for individual long term tenants on a rent by room basis.
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18 July 2024 | 19 replies
In addition, Pittsburgh, PA is a similar market and has a very low barrier of entry.I work here in Pittsburgh as an agent working directly with investors every day.
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22 July 2024 | 120 replies
Make everything more expensive, raise the $ basis, tax revenues increase.
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19 July 2024 | 53 replies
I know that :) I have great credit 740+ FICO, a few flips under my belt and this current project isn't complicated ($110k purchase price, $20k rehab for cosmetic fixes).They pulled credit before my term sheet was issued :( 90% LTV on purchase / 100% LTV on rehab (What they sent: 65% LTV on purchase / 100% Rehab)Rates starting at 7.49% for 12 mos (What they sent: 10.49% + 2.75% Loan Orig)We have a tight close date and I have to call the Account Executive everyday to find out what the status of the loan is, term sheet, etc..I'm not sure if I will use them for this project as I have already received 90% LTV for purchase and rehab, 9.49%, 12 mos, 1% loan orig, from another source but I wanted to try them as I heard many good things about them from other investors.
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16 July 2024 | 1 reply
The yield on the 10-year Treasury slid almost 8 basis points (as of writing) hovering at 4.158% following remarks by Fed Chairman Powell on Monday that the central Bank will not wait until inflation has reached its target rate of 2% before cutting interest rates.
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17 July 2024 | 8 replies
@Steele KruzelThe $60k should go towards your cost basis.
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18 July 2024 | 11 replies
In my area Section 8 is not seen as a positive solution for landlords but rather as a cop out for providing strong solutions to every day renters.
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16 July 2024 | 2 replies
I estimate construction costs, create plan sheets, and project manage for my every day job.