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14 January 2025 | 5 replies
It’s true that many property management companies are now incorporating tenant benefit packages as part of their offerings.
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16 January 2025 | 2 replies
Separately, the benefits and disadvantages of renting to Section 8 is a topic of extended debate on this forum.
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10 February 2025 | 8 replies
I like the idea of a newer 4plex but they just don’t exist in my market.
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31 January 2025 | 11 replies
Unless you make the theme of the house around that famous person, I dont think consumers will pay a market premium on ADR to stay.
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30 January 2025 | 32 replies
You really can't get a better snapshot of the Cleveland investment market right now.
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15 January 2025 | 9 replies
Starting real estate investing early is a smart move, especially while leveraging your military benefits.
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15 February 2025 | 15 replies
These numbers suggest this could be a strong buy-and-hold investment, assuming the market supports your rent and expense estimates.Good luck!
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7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
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19 January 2025 | 7 replies
Thanks all I never buy a property based on it being tax benefits.
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4 February 2025 | 8 replies
As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.