
22 May 2024 | 6 replies
Even if you go the private money route that you mentioned (which also makes sense) - I'd advise speaking to a few HMLs at least to get comparable "market terms"

22 May 2024 | 7 replies
Compare what you see to the deed etc - there could be a shared driveway or some other easement.Also if the building is occupied you will be dealing with an eviction as well so you will have to factor that into your costs/bid.
22 May 2024 | 2 replies
I would suggest adjusting the price based off similar comparable units in your marketplace simply by going onto Zillow, or other similar sites, and seeing what is moving and what price point that is.

21 May 2024 | 2 replies
Yet because my house is in a close radius to the beach (only 2.5 miles as the crow flies--the 7 miles is what it takes to a drive out, around, then over the bridge), it seems like PriceLabs is using on-the-beach or walk-to-the-beach properties as comparables, and this may be leading to dynamic prices that are too high.I am not sure exactly how to fix this.

22 May 2024 | 8 replies
Not a lot of foreclosure activity because of all the equity gains, but that may change in the coming years with the loans on the mortgages written in the last 1-2 years being much higher (aka normal compared to pre-COVID).

22 May 2024 | 1 reply
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

22 May 2024 | 8 replies
The apartment side has provided some competition, but if you've got a solid size house you'll do fine.I'd say it's been slightly above average for my year 2 leases compared to my other cities. 0 turnover, all slight-moderate increases, very good tenants.

22 May 2024 | 2 replies
It's an absolutely gorgeous house, though so it's hard to compare it to the average stick home.

22 May 2024 | 10 replies
While this might sound low compared to some high-yield investments, it's steady and relatively safe given the high down payment and the over-market selling price.In conclusion, while the 3.03% CAGR might seem small, remember that this calculation doesn’t consider other potential financial benefits like tax advantages or the value of having the capital upfront.

22 May 2024 | 0 replies
Compared to the previous option, you have to put 1% more towards the down payment and pay another 0.25 in points.