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18 December 2024 | 2 replies
The highly anticipated location is set to open in 2026, so stay tuned for updates!
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16 December 2024 | 14 replies
I spend 1 hr (on the high side) per month managing.
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19 December 2024 | 10 replies
You also have the options of the 2 + 1 which is a 2F with a boarder unit that an owner can live in, but likely can't rent after you leave so it's only a temporary solution depending on how stringent the municipality is.Your VA gives you lots of options, but you won't cash flow if you use at 0 percent down because rates are too high.
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10 December 2024 | 16 replies
@David Rodriguez MTR is about location for health travelers and you also have a healthy population of snowbirds in Phoenix.
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18 December 2024 | 0 replies
The Austin metro market is approaching that territory.Here are the full stats for Austin and the greater metro:On the rental front, a recent Redfin report placed Austin atop the list for the largest year-over-year decline in median rents among US metros:Appropriate rental pricing and high-quality marketing are vital to navigating the current leasing market effectively.
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19 December 2024 | 28 replies
They're often high quality and cost-effective.
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18 December 2024 | 13 replies
Stop with the guru sites, the videos, all that nonsense is pure crap designed to drive the lazy into highly risky investments or investment schemes that will surely see you make a little or lose a lot.
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9 December 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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15 December 2024 | 7 replies
You may feel like a 6-7% rate is "high" but it is historically a pretty average rate.