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29 January 2025 | 0 replies
Bureau of Labor Statistics and Texas Workforce Commission, Texas was reported to have the highest rate of job creation through 2024.
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5 February 2025 | 2 replies
Owner occuppied loans regualted in every state .. must have state license and NMLS registration.NON owner occ loans on 1 to 4 units are regulated same way in about 15 statesin the other states they are unregulated.Keep in mind though investor loans do not follow the same rules as owner occ and rates can change charges can change closing dates can be blown through etc
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1 February 2025 | 1 reply
A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.
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9 January 2025 | 116 replies
Although I will probably pay a slightly higher interest rate.
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30 January 2025 | 5 replies
The price points do make it hard to cash flow even with the lower interest rate subject tos.
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30 January 2025 | 6 replies
Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.
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4 February 2025 | 1 reply
Just make sure they meet the criteria.6.
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4 February 2025 | 3 replies
We have many efficincies under management with a ~10% vacancy rate with prices ranging from 485-625 depending on location property quality and amenities.
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6 January 2025 | 11 replies
It will also allow you to meet various vendors and contracts that you'll need throughout your journey.
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14 January 2025 | 27 replies
The properties looks good in 2020 when they were 515 and interest rates were 4%.