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7 August 2024 | 7 replies
Investors can say their HOA has various rules, but your sample size is going to be much too small to be meaningful.Instead, I recommend picking some listings you are interested in and researching the HOA rules and fees yourself.
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5 August 2024 | 5 replies
I've done research in finding and analyzing properties so I feel somewhat comfortable in that regard.Here is a sample scenario below of a real property I've done some analysis on.
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19 August 2024 | 3705 replies
I feel as though we need to process more sample deals with the calculators as the availability of properties is there, but the prices are not passing the cap rate or viable rate of return test in our market.
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8 August 2024 | 46 replies
Of course, you can't protect yourself completely, but this will also help you prepare for buying the next properties a little better, and it's an exercise I generally do when I'm on a showing for a property I'm serious about so that I'm factoring this into my analysis to some degree in a "capex" reserve.Capital ExpenseRoofWater Heater x2All AppliancesDriveway/Parking LotBoiler x2FlooringPlumbingWindowsPaintCabinets/CountersStructure (foundation, framing)Components (garage door, etc.)
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5 August 2024 | 10 replies
Now granted that has gone off the rails because I have decided to change our focus because my end goals changed, but doing the exercise helps create the path to walk and figure out what the next steps are.
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4 August 2024 | 8 replies
I'm interested in doing that for a property we just renovated and I'm curious on how to proceed, especially if the tenant decides to exercise their right to buy.THanks
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4 August 2024 | 12 replies
Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the mid-6% range for conventional mortgages.
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2 August 2024 | 8 replies
He should just exercise good faith, himself.
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5 August 2024 | 21 replies
STR is just something you'll have to decide.And I really don't think that something new / turnkey is going to cash flow... but if you have sample numbers post them here
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3 August 2024 | 13 replies
The winning bidder gets the right to possession, but usually cannot exercise DIY possession.