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22 January 2025 | 22 replies
Best of luck,Jarret Thank you Jarret for the detailed analysis above.
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13 January 2025 | 6 replies
Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.
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16 January 2025 | 2 replies
If you approached them in a way that you had a solution to the eyesore in their neighborhood they would be very receptive to talk and perhaps share contact details about the home owners son if they have them.
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19 January 2025 | 8 replies
I can into this at length so if you need more details let me know but for the sake of time - it's allowed.3.
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3 February 2025 | 26 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
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23 January 2025 | 11 replies
If so, would you mind sharing property details (Bed/Baths/# of guests etc.)I am eyeing into Cashiers as well.
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13 January 2025 | 2 replies
On the surface, the deal seems appealing, but there's a catch: the asking price is $475,000, which is about 18% over the market value (based on comps and DealCheck estimates around $402,000).Details of the DealProperty: Duplex, 2,400 sq. ft., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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24 January 2025 | 18 replies
How about something like this for a SF fix/flip: https://www.realtor.com/realestateandhomes-detail/325-W-Sain...?
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22 January 2025 | 14 replies
@Jordan Laney the devil is always in the details when you are hiring a PM company.
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13 January 2025 | 11 replies
If possible, meet the appraiser to provide your rehab details and comps.Also, out of curiosity, when did you purchase the property and when are you looking to refinance?