
22 September 2024 | 8 replies
Typically a lender/bank would have some reserve requirement (3,6,9 months) that you would need to abide by, but in this scenario it's a seller financed sale, right?

23 September 2024 | 8 replies
Yes, you can still deduct the capital improvement expenses, but they must be capitalized and depreciated over time, typically over 27.5 years for residential rental properties.

22 September 2024 | 7 replies
Refinancing a home in Florida will typically cost 2x-4x more in fees than a property in Indiana.

22 September 2024 | 2 replies
The brokers I have seen for this type of deal typically take around 1% (not 3%).

23 September 2024 | 13 replies
Typical problem properties that are difficult to sort but once it is sorted usually with good upside potential.

24 September 2024 | 12 replies
I'm marketing via SMS, google ads, a few post card mailings a year and typically have zero (big 0 zero) warm leads.

23 September 2024 | 10 replies
However, most investor that are investing OOS or OOC are typically investing in Columbus because of all of the positive growth in the market.

24 September 2024 | 21 replies
Note that with a purchase or refinance, there are always going to be closing costs (typically higher on a cash-out refinance) and this restarts your amortization schedule.

22 September 2024 | 1 reply
These are true STR expenses listed, not the typical “oh, you just have to pay for your mortgage and utilities” logic some “gurus” teach.

21 September 2024 | 9 replies
Our units are typically much nicer and more recently renovated than other units in my market.