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29 January 2025 | 24 replies
Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project.
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7 February 2025 | 6 replies
I am particularly interested in turnkey properties and single-family rentals, but I am also open to exploring other options, including duplexes and different investment strategies.
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4 February 2025 | 2 replies
Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.
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3 February 2025 | 15 replies
Mine may be different though because I am still responsible for HVAC and many other large items on the property.
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3 February 2025 | 8 replies
If millenial homeowners can't even change their home's air filters, or snake a toilet, or change the oil in their car, that's guaranteed future business for HVAC companies, plumbers, mechanics, and those places all need a place to conduct business in.The commercial mortgage pricing software I use has somewhere around 50 different asset classes in it.
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3 February 2025 | 4 replies
This is exactly what I do in different locations (glamping).
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31 January 2025 | 7 replies
So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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3 January 2025 | 3 replies
Due to increased rates i did not refi so i did not get opportunity to see how an appraiser valued the half bathroom but the comps with same bathroom count had crazy valuation for the additional half bathroom.Taking under utilized space like a work area to add a br where the added br does not put you above the normal for the area can add value.Similar if a neighborhood is virtually all 3 br and 4 br properties and you find a 2 BR, it could be a value add to add the bedroom via new construction.
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27 January 2025 | 25 replies
Hey Lee, Ohio's a great state for landlords but different cities offer different opportunities.
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5 February 2025 | 2 replies
I currently operate in 10 different markets across the mid-south and mid-west.