Alex Silang
Mass deportations: will it affect rental markets?
19 January 2025 | 21 replies
Secondly, if it does have an impact it will be contained to areas more to the southern borders than it would in Michigan, Massachusetts or say washington dc (just using those states as an example but northern states and higher priced areas typically have lower populations of undocumented people).
Amanda Long
DSCR New Mexico Property/ Guarantors??
17 January 2025 | 3 replies
DSCR loans typically take 21 days to close.
Joanne Quezada
Room Rental - 4/2.5
9 January 2025 | 1 reply
One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.
Daniel M.
Locking Up a Property Sight Unseen—Need Advice
16 January 2025 | 6 replies
I won't say how many offers we make on properties for ourselves or clients in a typical week.
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
Pierre E.
300k average profit on a flip - is that real?
28 December 2024 | 7 replies
.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.
Sarah Allgood
VA Loan Assumption Opportunity - Clarksville, TN
6 January 2025 | 5 replies
The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
We get a condo rental in Oceanside typically, and stay for 2 weeks.
Meghan Dreher
NEW STR coming to market algorithm optimization
20 December 2024 | 10 replies
New listing typically get artificially pushed to the top for a short period of time.