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15 August 2024 | 26 replies
A lot of great options out there for self-managing if you decide to go that route; aside from providing the basics (listing, tenant screening, digital lease creation, rent collection, and maintenance tracking) some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus).
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14 August 2024 | 15 replies
Your price point doesn't help either, 300k is not a lot in these markets and at that price point you will be fighting with other locals buying full time houses.
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14 August 2024 | 51 replies
Most are forced into settling or go bankrupt fighting and did nothing.
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13 August 2024 | 5 replies
I'm looking at home equity loans for another rental property we own currently.More than likely, we'll have to put the property back on the market and find some cash to cover the difference between current construction draws and sale price.It's an expensive mistake - but we'll be back again to fight another day.
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12 August 2024 | 16 replies
There is a PAC coming and proof of other markets fighting similar situations.
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10 August 2024 | 3 replies
One is a condo with a mortgage left of 320k @ 4%, is capable of being Section 8 @ ~$3.8k per month in DC (no rehab necessary).Next two are houses that are completely paid for.
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13 August 2024 | 97 replies
I mean, it's even a possibility that your lawyer could negotiate a settlement with the neighbor regarding agreeing to give you title to a strip of their land rather than fight in court over an easement by prescription.
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13 August 2024 | 55 replies
Will it be a property to live in yourself or to rent out, have you thought about any desired ROI, your buying power capabilities, etc.There are a lot of people in this post that can give you a hand of direction towards certain places/markets.
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13 August 2024 | 69 replies
I have no previous dealings with ODC and so far the GP's personally have not shown their capability to operate or look after investors by funding additional capital on their own (Without looking for additional investor capital).
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13 August 2024 | 24 replies
Since inflation was so severe for the last few years, they had essentially decided to raise interest rates aggressively in order to fight this high inflation even if it came at the cost of slowing the economy down.