Britney Lewin
Looking to invest in area that has a good rental msrmwr
24 July 2024 | 17 replies
I am able to work from anywhere, but I prefer to stay within arm’s reach of West Palm Beach, which has led to some analysis paralysis in identifying the ideal area for my initial investment property.
Terri-Leigh H.
SWFL Networking Recommendations?
23 July 2024 | 2 replies
Lucky enough to belong to an incredible network in Denver (CO) but as we add operations, properties and an arm of our design business down here I am itching to join something similar!
Sean A Lewis
Does my property value increase after adding ADU's, thus allowing me to refi?
21 July 2024 | 11 replies
This might fall into the 20 year, ARM products.
Mary june Martillo
albany ny
24 July 2024 | 36 replies
Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.To find out about an area go to IREM.org search for ARM certified property managers.
Andrew Postell
How To: Find Real Estate Investor Friendly Lenders
26 July 2024 | 75 replies
If you need an extension for some reason most are really good about giving you a little extra time if it came to it because they don’t want to have to do the work to take over the project.HoldsLTV - 75-80%Interest - 3%-3.75% as an arm from 5-7 years (we don’t plan to hold forever so better rates are more appealing to us here)Amort - I push for 30 year but a lot are 25No feeRehab loan if needed which rolls into PITI as you draw funds.
Brittany Wade
Is Rental Arbitrage against Air BNB Rules?
20 July 2024 | 24 replies
Anyway, I don’t think it is explicitly disallowed by Airbnb.
Ronald Valverde
How to analyze an owner condo conversion to rental
19 July 2024 | 2 replies
Mortgage 15/1 arm at $3.375% with max 4% interest increase due 15 years from July 2015 (Aug 1, 2030).Current condo monthly maintenance fee : $1036 includes water, amenities (pool, tennis court, concierge, gym, sauna, community room with pool and ping pong, maintenance)Current monthly mortgage payment: $499 interest, $504 principal Monthly taxes and insurance: $459 monthly contents insurance: $38Past Assessments: $11k for building HVAC upgrades $8k for building updates and building reservescurrent market value $400k - $425kcurrent monthly rental median: $3100-$3200monthly landlord insurance: $45I'm also trying to decide if I should rent or sell and invest elsewhere.Appreciate all insights.
Nina V.
Property Management Recommendations
19 July 2024 | 7 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
Kristen Haynes
National Real Estate Trends- as of July 19th
19 July 2024 | 0 replies
On July 17, he had the following to say: “I believe current data are consistent with achieving a soft landing, and I will be looking for data over the next couple months to buttress that view…While I don’t believe we have reached our final destination [for inflation], I do believe we are getting closer to the time when a cut in the policy rate is warranted.”TP: Bird Words — When it comes to armed conflict, ‘hawks’ want war and ‘doves’ want peace.