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17 June 2024 | 25 replies
Craigslist, Zillow, local property mgmt company, etc) because not one of these sources by themselves is entirely accurate.Specifically, with regards to Rentometer, keep in mind that it does not even factor in how many bathrooms a home has, the condition of the home, size of the home, or even type of home (apt vs SFR).
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16 June 2024 | 23 replies
That way you kind of hedge your bets (aka Risk/Reward).Self Storage is historically Recession-Resistant as it has everything to do with Death, Divorce, Down-sizing, Dislocation, etc. - things that are prevalent in normal times and certainly, in not-so-normal-times, too.However, RV & Boat Storage is similar but different, in that approx 1 out of 10 folks in the USA rents a Self Storage Unit, and that is not the case with Boats & RV's; hence it being a much more niche strategy.
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16 June 2024 | 4 replies
My question is- what if life circumstances change and I need to sell the owner occupied portion within that 3 year window?
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18 June 2024 | 12 replies
But that's a relatively low sample size there since we don't get many VRBO bookings there.
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17 June 2024 | 14 replies
Let's say Person B sticks a travel size deodorant down your toilet and floods the residence while Person A is traveling for work.
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16 June 2024 | 6 replies
I'm having a hard time finding contractors who can handle the framing portion of the project (flooring joists, laying subfloor, walls, roofing system) who aren't also general contractors.
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16 June 2024 | 1 reply
I have personally not worked on any of these but it does not seem to be anything too crazy.It's an FHA Loan that can be combined with other FHA products like a 203k.I am a Loan Officer for "Correspondent Lender" so I can operate under the rules of over 100 lenders...I would be able to place this in a few hours with 1 email...We would just have to make sure all the boxes are checked...Energy Efficient Improvements Must Be Cost-EffectiveThe financed portion of an Energy Package must be cost-effective.
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18 June 2024 | 121 replies
Prior to my retirement I was a licensed lender not a broker and can size up a broker/wholesaler in5 minutes.
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17 June 2024 | 17 replies
The existing buildings only occupy the front portion of the lot, leaving about .4 acres of vacant land.
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18 June 2024 | 15 replies
With all that being said, the 3 bed house is worth approximately 180k due to the location and lot size.