Lorenzo L.
First Single-Family Fix and Flip at 21 (NEED ADVICE)
10 December 2024 | 2 replies
If you are borrowing for renovations, you will likely have a draw fee in the $100-300 range per draw.Selling costs: biggest one is commissions.
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
The Numbers:We specialize in single-family rental homes in the $160-250k range, with an average price of $170k-$190k.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
My property tax rate is 2.70% I have a great tenant so I haven't done large increases (like $150 or $200) since I don't want a unit turn but I'm in the market rate range.
Chizitem Ibeneme
What is the best way to estimate rent and CapEX's for out of state investing
11 December 2024 | 7 replies
All 3 will give different amounts/ranges.
Lorraine Hadden
Should The Seller Reimburse Buyer For The Inspection Costs - Fixer Not Move-in Ready!
11 December 2024 | 5 replies
What price range?
Jewell Arceneaux
BRRRR- My first home investment
11 December 2024 | 6 replies
Stick with classic neutrals to appeal to the widest range of buyers.There are situations where clients touring homes immediately pass on properties due to strong or unusual color choices.
Sandeep Dhall
How is Killeen/Temple Market for rentals compared to Austin
11 December 2024 | 8 replies
Temple is not part of the Austin metro area, but within a long commute range for a few.
Matthew Weirath
Funding first rental
11 December 2024 | 6 replies
Depending on what price range you're looking in, you might be a little tight on funds.
Wendy Abraham
Hard money lenders who have you used?
11 December 2024 | 12 replies
Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
22 December 2024 | 24 replies
@Gregory Schwartz rates are above 7% now, so not a stretch to see them staying in a 6.5% to 7% range next year.