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1 February 2025 | 0 replies
Potential solutions include federally backed loans with lower rates or tax incentives to help offset the cost of a new mortgage, encouraging these homeowners to sell to new owner-occupants.
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5 February 2025 | 29 replies
Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred.
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4 February 2025 | 7 replies
Many people have had a great experience with home warranties, myself included.
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21 January 2025 | 10 replies
@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.
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20 January 2025 | 0 replies
The Homeowners Insurance will include Builder's Risk.
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24 January 2025 | 0 replies
If Landlord has filed an eviction due to Tenant’s Default or other breach, including breaching for non-payment of Rent, regardless of the outcome or disposition by the court, Tenant agrees, upon request, that the court shall make a determination who the prevailing party is in any eviction and whether any attorneys' fees and court costs sought by any party are reasonable.
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23 January 2025 | 0 replies
Includes a single family home (4 br) which was divided in two sections one of which is being rented.
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15 January 2025 | 29 replies
I would include servicing costs of the loan and licensing costs.
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26 January 2025 | 1 reply
After all expenses, including PITI, we net on average $700/month.
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3 February 2025 | 5 replies
Invested 3 years ago like others about $40,000 total which included covering operational cost for the first or so.