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8 January 2025 | 3 replies
Income: Verified monthly income must be at least three times the rent (minimum $4,200 combined).
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14 January 2025 | 9 replies
This is the “over night” success that’s taken 20 years.2 - Superior uncommon knowledge, combined with experience and capital and a willingness to take a risk (speculate).
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10 January 2025 | 1 reply
Findlay is a real oppotunity beause you’ve got a combination of stable job sources, a decent population size, and often lower acquisition costs compared to bigger metros.About choosing an agent..
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17 January 2025 | 19 replies
This reminds me of the discussion around pricing things at $x.99 instead of $x+1.00.EXAMPLE: $4.99 instead of $5.00Everyone "knows" that the price in the example is basically $5.So, why do billion dollar companies, spending more on marketing departments than everyone's combined income on this thread, STILL use the $x.99 pricing format?
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21 January 2025 | 20 replies
He believes that area where he will be buying the new homes is going to appreciate and attract more MTRenters, but now, the big difference is that he would now have 3 properties that can go up (or potentially down) in value, go up (or down) in rent, and three times as many vacancies to fill.My back of the napkin assessment is that for only a drop in $200 a month in cash flow, he would control a lot more assets with growth potential and as rents rise over the coming years, the combined rents will increase to a total more than the single rent.HOWEVER.
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22 January 2025 | 14 replies
It's probably 300k maximum for the combination of 3 and I have to get them re-appraised.
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9 January 2025 | 2 replies
Especially combined with the high interest rates right now.
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7 January 2025 | 6 replies
However, components of a central HVAC system in a residential building, including furnaces and condensers, are NOT eligible for this treatment and must be slowly depreciated over 27.5 years (39 years for STRs).
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9 January 2025 | 9 replies
Shop LTV (or cLTV which is combined Loan To Value, basically your first mortgage and 2nd mortgage combined loan to value), rates, payment terms, time to close, and draw period (how long you can go into and out of your heloc).
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10 January 2025 | 11 replies
Data is sourced from a combination US census, zillow, and realtor