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27 June 2024 | 26 replies
If you're seeking a reliable income stream, checkout Cleveland.
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25 June 2024 | 6 replies
If your rate was locked, then yes.If your rate was not locked, then it depends.
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27 June 2024 | 17 replies
Hopefully by now you've locked in your first property and are cash flowing nicely on it.
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25 June 2024 | 6 replies
The positive is that the payment is reliable.
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26 June 2024 | 4 replies
Everything Ken said plus plaster walls, no insulation, higher electric bills, walls sweating when its humid in florida and the resident leaves front door open, damp smelly houses, Pealing paint, wood rot, old windows, crawl space under the home, bdrm and closet doors that don't close properly, electric locks that the old front door doesn't like as the door is not aligned correctly, Cyrstal knobs that fall off, old thermostats with 2 lines but my new thermostat needs 3 lines, critters in the fireplace....
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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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26 June 2024 | 11 replies
@Alex Ko The ADU construction capital getting locked in the property at this time doesn't necessarily mean it doesn't work.
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25 June 2024 | 8 replies
I'm a licensed Realtor who represented myself in this transaction and I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rateone more question.
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24 June 2024 | 13 replies
Obviously the answer I'm sure depends on a number of factors (affordability, reliability, etc.)
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25 June 2024 | 8 replies
Thank you @John Mason.Do you have personal experience with this firm or some you know is good and reliable ?