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28 January 2025 | 9 replies
Sounds like you're in the scale/harvesting time so I think you need to determine if this property is something you are happy with the cashflow it would produce as well as the time needed to manage it or hire a property manager, or is it time to take the equity and redeploy it into something more worthwhile like a higher cash flowing investment or creating higher equity in the home you buy down here.
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16 January 2025 | 13 replies
You can tinker with all sort of pricing strategies on the platform, but the key is figuring out your base price, which they help with as well.
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21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
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20 January 2025 | 7 replies
Realistically you would expect the house to continue to appreciate during that time as well... even if at 3.33% appreciation - that is another $50,000 in appreciation you would make in the 3 years - give or take.
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22 January 2025 | 10 replies
I believe it'll help with eventual resale of the property as well.
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21 January 2025 | 10 replies
So, older homes have a higher frequency of claims as well as higher severity.
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16 January 2025 | 4 replies
Well said!
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20 January 2025 | 11 replies
I have been renting it for 6 years now and am wondering if it would make sense to do one with that townhouse as well or not.
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29 January 2025 | 14 replies
I have people who will buy in areas that look not good at all but have great upside to be "pioneers" of an area as well.