Dani Beit-Or
What do you think of this subject-to deal in Metro Houston?
6 September 2024 | 3 replies
Loan Balance $295,000Loan Maturity Date 11/1/2051Property Specifications:SFHBedrooms 4Bathrooms 3Square Feet 2316Year Built 2021Garage Size 2Schools Rating (scale 3-30, 30 is best) 18Lot size (sq ft) 7,631.0Purchase price: $330,000Market Value: $350,000Estimated Financial AssumptionsMonthlyYearlyRent (upper)*$2,350$28,200Rent (lower)*$2,250$27,000Property Taxes$425$5,100Insurance$200$2,400Repairs$65$780Property Management Monthly (%)0.00%Property Management Monthly ($)$75$900Leasing Fee$95.80$1,150HOA$146$1,752Vacancy Rate4.00%Total Fixed Expenses$1,096$13,150Total Expenses (Fixed + Mortgage)$2,620$31,437
Mike G.
What CRM software do you think is the best
10 September 2024 | 23 replies
The question: which CRM software is the best and most functional for a marketing investor that will give me the best bang for my buck?
Noelle Mastelotto
Moving to a New (Midwest) Market
12 September 2024 | 23 replies
Depending on your area, you get more bang for your buck if the side you're renting out is a furnished mid-term rental.
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
11 September 2024 | 20 replies
Lots of properties that are 2nd homes, self-managed by owners who are just hoping to make a few extra bucks, not running a serious business.
Maciej G.
Tenant threatens to sue me for $20 000
15 September 2024 | 61 replies
It appears he does have the benefit of a window unit.If you do fork over the big bucks for central air; don't renew this guys lease when it normally ends and increase the rent for the next tenant as you are now providing central air in your property.Gail
James J Canull
Fun Fix & Flip in Broad Ripple
6 September 2024 | 2 replies
There were bushes and poison ivy so mature, you could barely see the home before.
Alexander Szikla
Packing Away Summer Whites and Certainty: Mortgage Bankers Association Lowers Commerc
5 September 2024 | 0 replies
The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.
Dan N.
Liability Coverage for a house within an LLC
7 September 2024 | 9 replies
Funny, he still patronizes my business but told him he has to be escorted to the waiting room from now on because he's so clumsy.I would have to pay an attorney quite a few bucks or pay the scammer a few bucks to go away.
James McGovern
Has anyone figured out a cheaper alternative to Cash for Keys
9 September 2024 | 23 replies
If they are not paying (I imagine that is the issue), will you go through the whole eviction process over the next few months versus giving them a few hundred bucks?
Account Closed
Tenants claim sickness and lost wages
6 September 2024 | 9 replies
The tenants want $300 bucks off their rent for two months.