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7 October 2024 | 3 replies
Our HOA says that since the leak is in the unit, it's between the unit owners.
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4 October 2024 | 0 replies
The reality is, rising property taxes, maintenance costs, increase insurance premiums (I'm a broker so don't get me started here), an HOA assessment or annual increase, etc, etc, etc.
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4 October 2024 | 0 replies
I also have the landscape company, approved by the HOA (see #2), using drones to take pictures just in case I need additional backup for insurance.
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7 October 2024 | 22 replies
It's a simpler entry point and aligns well with serving protected classes like veterans, seniors, and single mothers—key to ensuring stability against HOA or city issues.Begin connecting with non-profits and agencies that help these groups find housing.
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7 October 2024 | 35 replies
A complete NIGHTMARE for the HOA community for MONTHS.Onerent did NOTHING for months.
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4 October 2024 | 4 replies
Most new home communities have super HOA restrictions on investors, like you have to live in the home a year before renting and/or they only allow a certain % of rentals like 1% or all kinds of other roadblocks.Plenty of opportunity in North Texas, but for the most part stay away from new builds for rentals.
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4 October 2024 | 8 replies
Good call on verifying with HOA.
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3 October 2024 | 4 replies
Expenses HOA - $125/month,TAXES - $222/month, INSURANCE - $333/month, Property management - 8% of rent = $240/month.
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3 October 2024 | 9 replies
We were super lucky to have hit relatively low rates (15-year 2%-3% range) that we would not see again today.The Dallas property is now rented, giving a almost zero cash flow over a 15-year fixed mortgage, until the recent HOA increase pushed it into the negative side slightly.
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4 October 2024 | 14 replies
I'm not sure the premium vs the basic version (I only have premium) but for any property, I can itemize the purchase price, current value, tag the associated mortgage, my assumption on appreciation, its rental income, all of its expenses (including taxes, yearly mainteance, capex, insurance, HOA, property management, depreciation and other), its estimated sale timing/and fees.