
17 December 2024 | 14 replies
I closed two properties last night actually, both move-in ready, fully updated and rented.
16 December 2024 | 20 replies
We had this happen to us last year

15 December 2024 | 15 replies
What about a claim for a last minute cancelation?

15 December 2024 | 30 replies
Any deal that I've found seems to have sold within the last 2 years, and its alarming as to why it's back on market again unless they have problems with the building and/or tenants.

16 December 2024 | 23 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

15 December 2024 | 6 replies
Here are title cost numbers from my last deal in Lake Oswego ($625k sales price):Title agent fee: $1100Owner's title policy: $1425Recording fee: $350MERS: $25There may be transfer taxes depending on what county the property is in, as well.Chris

21 December 2024 | 20 replies
Louis this last spring.

15 December 2024 | 9 replies
STR regulations have been a VERY hot topic here for the last year (and even beforehand).

24 December 2024 | 25 replies
Unless its changed since Ive looked last year Town of Catskill doesn't have restrictions.

16 December 2024 | 21 replies
I do it about once a quarter but last year I only went over 3 times all year.Getting a good cleaner is the key.