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7 July 2024 | 7 replies
entp.hud.govYou also want to make sure you run the math to ensure it passes the "Self Sufficiency" test where the unit rents must support the PITI by using the 75% and vacancy calculation.
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9 July 2024 | 7 replies
The average monthly PM fee we charge is 9%, with a range between 8-10%.
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8 July 2024 | 4 replies
I am really trying my hardest to purchase at least 1 other property this year, ideally 2 more.I am looking for slightly distressed properties in the 50-120K price range (yes it's possible), should I look into borrowing money against the condo?
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9 July 2024 | 21 replies
In my market minimum wage is $7.25/hour entry level wages are in the $12-18 range for labor intensive jobs like working in a warehouse.
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7 July 2024 | 1 reply
In other words, sufficient capital for the cash purchase of a property (plus rehab) and eventually refinancing the completed project to a long term loan.
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8 July 2024 | 8 replies
I think this strategy can still work if you have an ADU or maybe a separate living area with private entrance.I think a competitive price for travel nurses would range between $1600-2k per month.
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8 July 2024 | 15 replies
Now, if you have used your entitlement to obtain a VA loan and it is a small amount, I believe you can obtain another loan if you have sufficient entitlements remianing and the original loan was assumed.
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10 July 2024 | 0 replies
The Court's decision in Loper will create a sea change in administrative law with wide-ranging implications and potential opportunities for highly regulated industries, like the real estate.This will create an opportunity for more efficiency and lower costs in the real estate economy.
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10 July 2024 | 12 replies
Hello Jason,Usually, HELOCs for investment properties come with elevated interest rates, ranging between 12-15%.
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9 July 2024 | 5 replies
That tells you were your competition is at and will help you keep the listing within a reasonable range.