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29 January 2025 | 16 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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30 January 2025 | 12 replies
Its pretty awesome (BTW, I am not affiliated with FUB, just a passionate users)You can capture all the homeowner demographics along with associated relationships and information - pictures, files, emails, notes, calls, text, etc.You can have a team number(s) at no addition costs (we use it to lead generate for different states and can be configured to round-robin.
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7 January 2025 | 28 replies
We did get much lower costs when we changed to minisplits but the initial cost is high.
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13 January 2025 | 30 replies
I base my rents on the condition of the unit and the competition.
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7 February 2025 | 2 replies
Wage growth is still running at over 4%, above core inflation.This permeates to all workers, including the construction trades, and thus, to the price/cost of homes.
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29 January 2025 | 6 replies
3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)
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23 January 2025 | 20 replies
My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me.
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30 January 2025 | 13 replies
I don't think you will find it, but if you do, it'll cost ya.It sounds like an amazing house hack if you can move your life around to make it your primary (and the financing will get MUCH easier).
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3 February 2025 | 12 replies
If it costs you thousands to refinance it needs to be worth it.
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28 January 2025 | 14 replies
We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal.