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9 August 2024 | 2 replies
Best of luck and please keep us updated here on what you decide to do!
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8 August 2024 | 0 replies
Here are some data points below from the past month:๐ ๐ Real Estate Update ๐๐ Here's the latest market report (based on single family homes):๐ก Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%๐ฐ Median Sales Price:May: $475,995June: $485,000July: $487,483๐ New Listings:May: 2,141June: 1,920July: 2,032๐
Median Days on Market Until Sale:May: 12June: 13July: 14๐ฆ Months Supply of Inventory:May: 2.4June: 2.3July: 2.6
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9 August 2024 | 20 replies
And those homes had much more recent updates.ย
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9 August 2024 | 18 replies
Hopefully you canย update us on your experience, on ESS and if you go with DaVinci locks.
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8 August 2024 | 1 reply
I utilized 7% for CAPEXand 7 % for maintenance given recent updates .Tenant pay for electricity and gas.
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8 August 2024 | 5 replies
Set clear expectations and establish a process for addressing concerns and updates.
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6 August 2024 | 6 replies
Since your lease doesn't include a break clause, you'll want to communicate openly and give them ample notice, ideally a few months.
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8 August 2024 | 3 replies
Mortgage with Taxes included (3,200) HOA (390) Rent Ins (150)Rev: (240)UPDATED ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $138K to Rent for 15 yrsat 6% Appreciation would have $242K to Rent for 15 yrsat 6.5% - $300K(Assuming a conservative 6% ROI on money invested from sale.)I'm still taking a loss every month but not as bigThanks again.
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7 August 2024 | 26 replies
Any updates on this?