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29 January 2025 | 4 replies
You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.
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3 February 2025 | 8 replies
@Erica King Sounds like this is more of a personal budgeting concern rather than a real estate one.
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7 February 2025 | 7 replies
As far as SingleKey actually paying out on claims for tenant non-payment up to 12 months, property damages up to $10k reimbursed, covering 30 days of vacant property losses and helping out with tenant evictions up to $2k (as advertised), curious if anyone on here can attest to SingleKey actually paying out on these claims successfully.
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10 February 2025 | 2 replies
If you do find a PMC willing to do this, expect to pay quite a bit more for all the extra hassles!
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22 January 2025 | 0 replies
Here’s how they help you break through hurdles and tips for finding the right broker for your needs.1.
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15 February 2025 | 2 replies
The ones I'm very serious about I'll call and get a home owners quote and verify the current assessed taxes to give me a more accurate mortgage payment.
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18 January 2025 | 17 replies
I'm going to be checking my BP more regularly.
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24 January 2025 | 0 replies
The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.
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12 February 2025 | 0 replies
Strategic updates aligned with market demand, making the property more attractive to buyers and significantly increasing its resale value.