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30 September 2024 | 11 replies
You are mixing and matching a number of concepts incorrectly.
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30 September 2024 | 3 replies
In your experience, do higher-quality videos result in faster sales or better offers, or are they more about building long-term brand recognition?
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1 October 2024 | 6 replies
Monthly Payment AmountRent Comparison: If the property would rent for $1,500 per month, you may want to structure the financing so that the monthly payment is similar to or slightly below this amount.Example: A $180,000 loan (after 10% down) at 8% interest on a 30-year amortization would result in a monthly principal and interest payment of about $1,320, which is close to the rental value and should be appealing to buyers.5.
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2 October 2024 | 15 replies
It might help you out if you're a hammer swinger type guy who can produce workmen like quality results versus homeowner DIY results.Someone who has been in this business for awhile , and brings a lot more knowledge , and contacts to the deal we'll have a lot better chance at performing a turn around on the property then to someone who is new and inexperienced.
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29 September 2024 | 7 replies
If she turns off the A/C and it results in damages, she will be held liable for that, as well.Do the math and see if it makes sense to let her go.
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30 September 2024 | 10 replies
Tags: Kenosha Wisconsin fsbo agent realtor Legally you were never expected or bound to offering the commission.Now you can simply only pay the selling agent, and the buyers agent has to inform the buyer that they might have to pay - in an ideal world....The risk of not offering to pay the buyer side is the buyer can tell their buyers agent to skip houses where they would have to put out for the commission, it may result in less offers on your home.It is now ultimately up to the seller, but in a for sale by owner.... you are not signing any listing agreement with a listing agent so, again the buyer's agent would need to pay the agent.If you are an agent selling your own home off-market FSBO, check your state laws on disclosure etc.
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1 October 2024 | 14 replies
Additionally, you miss out on one of the biggest advantages of real estate: forcing appreciation through strategic renovations.Another issue with Turnkey properties is that they often aren’t homesteaded, which typically throws off any proforma, resulting in higher-than-expected property taxes.
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1 October 2024 | 2 replies
You don’t have to research very far to see the widespread housing trends toward more micro-apartments, co-housing situations, and all the other ways people are voting with their rent dollar in wanting a better value proposition at the affordable end of the rental spectrum.Vacancy for an SRO can be kept quite low, and the density results in a very high cashflows compared to the same square footage of a triplex or 6-unit down the street.Utilities bills are marginally higher with the SRO, because there is no incentive for tenants to conserve.
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29 September 2024 | 17 replies
These always result in lost money, wasted time, and broken friendships. 6.
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1 October 2024 | 9 replies
As a result of all of this, what's written in the paragraph above can easily be the outcome.- You may be charged back for something that was done months ago (that will catch you completely by surprise when you have no money left at the end of the month and may even owe them);- They also advertise vacant units on rental platforms with weird fees (which you'll find out later when looking for your unit's ad online).