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21 January 2025 | 5 replies
Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.
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14 February 2025 | 5 replies
Considering the OKC market's rental income potential and the favorable economic and real estate trends in Oklahoma City, it represents a promising investment opportunity for real estate investors seeking stable returns and potential appreciation.
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26 February 2025 | 5 replies
You need a designer who understands maximizing income on properties, or you need to understand it and be able to sketch it out.
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6 February 2025 | 2 replies
You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.
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30 January 2025 | 5 replies
The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.
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18 February 2025 | 9 replies
It’s crucial to ensure that you’re compliant with local zoning laws and HOA regulations related to vacation rentals, as these can affect your ability to rent the property.Overall, while it can work well, especially if you're looking for income from rentals, make sure to have a clear understanding of the financing rules, potential restrictions, and the financial risks involved.
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18 February 2025 | 9 replies
And both types take into consideration projected income but the residential loans go against my DTI.
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11 February 2025 | 5 replies
@Chris Pratt Since single-family houses with ADUs are not considered commercial properties, they are not priced based on income or cap rate.
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11 February 2025 | 14 replies
I won't see any rents or income until after the construction phase is completed.
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2 February 2025 | 8 replies
Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se.