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24 February 2025 | 37 replies
And after you have sent 15k on downpayment and closing costs, you have 10k left, which is just enough for one HVAC emergency replacement and some paint.
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24 February 2025 | 8 replies
So, that if the boiler goes down it is NEVER an emergency!
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24 February 2025 | 0 replies
It paints a picture of a market that might see uneven benefits across different regions.Speaking of regions, here’s another point for discussion: urban centers are likely to fare better under these changes than rural or emerging secondary markets.
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23 February 2025 | 5 replies
and - if 35K is everything you've got - savings, emergency fund, money for real estate... that is not a huge cushion.
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23 February 2025 | 7 replies
It does seem like more of these companies are emerging—I’m curious to hear from anyone who has firsthand experience with their quality and results.
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20 February 2025 | 2 replies
Explore build-to-rent communities or mixed-use developments in emerging markets.
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24 February 2025 | 8 replies
Needs new everything floors, kitchen, bathroom, paint, roof, landscaping and also has termites and a tentant that's not currently paying rent, for a 1000 sqft property they want 160,000 for it, but my comps say for a rehabed house in similar sqft property in that zip code would sell at 220,000k and I would say it needs atleast 65,000 to 75,000k in repairs so my offer price was at 100,000 to 110,000 and the buyer will not entertain my offerI would like to offer more but if there are any surprises I'd like to be prepared for those cost during the rehab process.
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19 February 2025 | 10 replies
There are some fantastic cash-flowing properties in the area, especially in emerging neighborhoods.
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25 February 2025 | 7 replies
It’s easy to underestimate, and those surprise expenses will eat into your profits fast.
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25 February 2025 | 17 replies
Not the best time of year and we're in an emerging market area about an hour outside of Charlotte, NC.30Y DSCR c/o Refi's have already been done on every eligible property after rehab / 3 months seasoning.As more of our properties come up on 1+ yr of ownership, despite losing likely future appreciation of 25-30%+ annually and paying a 5% PPP, I are open to selling some houses off to start paying off much of the high interest debt accumulated outside of mortgages.