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29 January 2025 | 23 replies
Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.
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6 January 2025 | 2 replies
Of course our big motivation is commission but you can get commission or a referral fee or something in an off market transaction if done properly.
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16 January 2025 | 18 replies
If I have specific questions about a transaction I’m doing or something like that, I just ask via email or phone call.
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3 January 2025 | 4 replies
You will have a leg up on the language, transactions, inspections etc.
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31 December 2024 | 5 replies
I am not in the flipping market but I handle multifamily transactions for buyers and sellers who are very transactional.
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19 January 2025 | 51 replies
In particular, the ability to auto-sync and categorize bank transactions (similar to Stessa), easily track expenses against budgets, and streamline lease creation with lease templates is quite nice.
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5 February 2025 | 21 replies
However, the most effective method is to simply tell the tenant that they'll need to provide proof of insurance prior to or on the day 1 of the start of the lease, otherwise the keys will not be provided to them.
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4 February 2025 | 11 replies
@Anthony Finelli check your mortgage paperwork for the Truth-In-Lending form to find your APR.APR is your effective interest rate including interest, MIP and closing costs.If you can refinance the rental at a cheaper rate than the APR, then you should!
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7 January 2025 | 5 replies
Several of the contractors offer helical piers but don’t seem to think they’d be a more cost effective option - we can directly ask about this again.
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4 January 2025 | 4 replies
There’s normally action items that can be implemented into your management process that are more effective.