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26 July 2024 | 3 replies
Of course, I’d be using the equity I’ve gained in the current house so I wouldn’t have that anymore, but do not see any issues with the new builds appreciating as this is a rapidly growing area.I’m looking to discuss any pros/cons, faults, suggestions to this plan.
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27 July 2024 | 14 replies
I don't charge differently for different sizes because I don't want to be showing up in a scale to determine if the pet is over or under the weight threshold.
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26 July 2024 | 0 replies
Following a pandemic-driven boom in 2021-2022, characterized by soaring prices, rapid sales, and a sharp drop in inventory, the market began to cool in 2023 due to rising mortgage rates and economic uncertainty.
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25 July 2024 | 7 replies
One of my tenants recently moved out. The place wasn't trashed, but seems like they did no cleaning when they left. Visible dirt/dust on almost every surface, trash (including Q-tips) left on bathroom floor, toilet no...
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27 July 2024 | 16 replies
Not all syndicators are similar, there are some that take on huge risks and they might not even realize it because for almost 10 years you could buy poorly and the rapid appreciation bailed you out, going forward they might not be able to repeat what worked before.
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26 July 2024 | 14 replies
I also wouldn't do a lease longer than 1 year because your rental comps in the area might rapidly increase as the area develops.
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26 July 2024 | 14 replies
. $500.If there are truly 3 layers of roofing on there, definitely needs to come off at some point because the structure is more than likely not designed for the weight; but for now, just patch and go.
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27 July 2024 | 26 replies
Plan for licensing and inspection hassles and delays.Be careful how much weight you put into a prop mgt company's casual answers about the market.
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27 July 2024 | 15 replies
We saw this happening a little bit a few years ago when many properties were getting multiple offers, but the market has been cooling rapidly to more of a buyers market lately (in my location at least YMMV).
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27 July 2024 | 19 replies
Bob is right that you can get better cash flow on the east side, but I still see deals pop up over there from time to time and I don't see any rapid depreciation in those neighborhoods coming any time soon and I think if your strategy is to buy and hold in nicer areas with less risk, it's a very good area to target.