
13 January 2025 | 11 replies
We always meet the appraiser at the property with an explanation of the improvements we have completed.

16 January 2025 | 18 replies
I do not personally use him based soley on the fact that the firm is virtual.

18 January 2025 | 9 replies
Is anyone out there willing to be boots on the ground in Cleveland particularly old Brooklyn to check out the condition of a property?

22 January 2025 | 12 replies
@Jon D. some questions, the answers may help you better focus.1) Why did you pay your primary mortgage off in the first place?

21 January 2025 | 3 replies
It’s in the expense section.

24 January 2025 | 2 replies
The houses are just a commodity.

27 January 2025 | 14 replies
As the cash flow is obviously much worse than you can earn in the bank with a basic CD.

20 January 2025 | 19 replies
The tenant then decided to vacate the property and leave a mess in the process.

14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

21 January 2025 | 0 replies
The usual way, but not the right way, to try to buy a rental is by finding a property on the MLS, where agents congregate, make an offer and then try to get financing to buy the property.