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27 December 2024 | 4 replies
Managing it has been exhausting, especially with the tenant issues and LA’s landlord policies.Here are some details about the property:Purchased for $650k, with about $90k spent on renovations.Current Redfin estimate: $1.1M.Mortgage interest rate: 3%.Would selling it “as-is” during the eviction process make sense financially?
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29 December 2024 | 8 replies
Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.
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30 January 2025 | 47 replies
You need to send Loan Estimates and Closing Disclosures on the appropriate timelines so the borrower has the opportunity to review everything before closing.
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2 January 2025 | 15 replies
You are best off to raise the rent and give the tenant the option to stay.Also, I hear a lot on here that "rents should be", "the potential rents are"... make sure that you do your due diligence when calculating potential rents because most new owner OVER estimate them.
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28 December 2024 | 7 replies
., 2bd/2ba single-family homes) consistently perform well.Building on this, you can also analyze current rental rates relative to nearby "for sale" comps to estimate ROI.
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24 December 2024 | 4 replies
Curious to hear any creative approaches that have worked in today's market.ARV and future value are speculative so when I am looking at property I am looking at it for longer term - does it fit within my strategy based on conservative estimates.
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22 January 2025 | 203 replies
.: A) I had to fact check this after your last statement about the CA population declining ended up being false due to only accounting for our-migration and not including immigration,B) The actual estimate is that less than 25% of the nations homeless people live in California, not 51%.A) Immigration by foreign individuals is not counted (generally) because it is not a definitive marker.
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15 January 2025 | 24 replies
As an experiment I invested $30k each in the 10 REITs which had (according to average estimate of NAV) the largest discounts from net asset value as per market price).
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28 December 2024 | 26 replies
I then ran a different ad and the cost was only 6 cents per contact. 3 cents higher than FB lowest estimate.
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9 December 2024 | 1 reply
Quote from @Mike Sfera: for a duplex, is the BP rent estimate for per unit of combined?