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15 December 2024 | 5 replies
Demand for February/March move-ins should see a notable uptick sometime in January, but you'll for sure see your strongest rental demand in late spring/summer.Your most recent post mentioned that you were going to look for someone for a 6-month lease - I think this is a great way to approach it to minimize vacancy loss while biding your time until we get into the higher demand summer months.Getting creative with your lease term and credits/concessions could also be a good way to solve a few potential problems in one shot.
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27 December 2024 | 34 replies
Total return trumps cash flow every time and most “cash flow” properties don’t even really cash flow in 2024.
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12 December 2024 | 8 replies
Hoping to bring this one to market in late Summer 2025.
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22 December 2024 | 23 replies
However, keeping the property and borrowing against the equity (via a cash-out refi or HELOC) allows you to maintain your tenant and rental income while leveraging the equity to expand.Key considerations:1031 Exchange: Great for avoiding capital gains taxes, but make sure the new property offers better returns or diversification to justify selling.Borrowing Against Equity: Keep the steady Denver appreciation and tenant while using the funds to acquire another property.
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17 December 2024 | 8 replies
They do, however, have up to 60 days to return a security deposit after a tenant moves out.If an eviction is necessary for nonpayment, landlords are required to send a seven-day written notice of the payment due.
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15 December 2024 | 18 replies
All require the "lender" to be licensed in the state, for borrower to have no mortgage lates or hiccups, have different rules and change the rules whenever their investors (not government MBS these are big guns investment firms with pulse of the location where your property sits) see clouds in the sky.
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12 December 2024 | 3 replies
Denton has had some good opportunities lately too.
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14 December 2024 | 7 replies
Quote from @Chris Seveney: Quote from @Jay Hinrichs: few things if these are sold to homeowners were the dodd frank rules rigidly followed when you did these.if they are sold to investors then DF doe not come into play.while credit and such matters keep in mind note buyers will want a 12 to 20% or more annual return..
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13 December 2024 | 6 replies
Im at a 780 credit score , under 10% utilization, 13-14 positive mix tradelines 0- late payments but I cant get into the 800's and its because my old morgage is no longer showing .
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17 December 2024 | 6 replies
You need to look at return on equity, how much cash flow can be generated putting your equity to work vs the cash flow this property will produce.