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22 November 2024 | 28 replies
Is rate or terms your top priority?
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27 November 2024 | 13 replies
Cost of living is about 6% below the national average. 8) Landlord/Tenant rights and laws are fairly balanced, and eviction rates are significantly lower than the national average (22% below national average).
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22 November 2024 | 20 replies
Higher cap rate ~ higher perceived risk ~ lower predictability of cash flowLower cap rate ~ lower perceived risk ~ higher predictability of cash flow @Jaycee Greene what would be or is considered a good cap rate?
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20 November 2024 | 24 replies
However, high property taxes and rising values can pose challenges.
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26 November 2024 | 11 replies
Sales prices and mortgage rates make it really hard to find good deals today.Wholesaling sounds good, but you could make better money working extra shifts as a nurse.You could look for run-down properties as buy-and-holds.
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24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.
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25 November 2024 | 7 replies
However, consider whether the upgrades will help attract higher-paying tenants or reduce vacancy rates, which might justify doing the work beforehand.
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29 November 2024 | 27 replies
It is my understanding that the company works out the tenant billing rates based on your master utility bill to keep it consistent and fair.So, the technology exists BUT is it legal in Maine to bill the tenants in this way?
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26 November 2024 | 4 replies
Active income, such as from a job, is taxed the highest, while passive income, like rental income, is taxed at a lower rate but can only offset passive losses.
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16 November 2024 | 3 replies
Although it does reduce the premium slightly for that particular rating factor, it is not optional on the part of the HOA as an intentional cost saving measure.