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3 October 2024 | 3 replies
The issue you were going to run into is the prior owner appears to have a serious delinquency.
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2 October 2024 | 2 replies
I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to Vegas.Having lived in an owner-occupied house here for 3 years now and looking at my Clark County bill:- The assessed value is only 25% of the current "quick and dirty" market value (Redfin, Z)- There's a line item where property tax rate appears to be 3% of the assessed value- ... however, another line item subtracts a lot from this because of the lag from owner-occupied increase cap percentage of 3% annually (if I'm understanding correctlyAlso, despite changing hands 3 years ago, it's interesting that the assessed value didn't get re-assessed to the purchase price back then.
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4 October 2024 | 33 replies
•I appeared on over 40 podcasts, talking with incredible investors including Michael Blank, Joe Fairless, Whitney Sewell, Jake & Gino and more.
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6 October 2024 | 12 replies
Like I mentioned in my last comment to Erik, after re-reading my post, I think I need to focus on finding the right deal, instead of forcing a deal to appear.
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6 October 2024 | 49 replies
In PA, the listing contract with the seller uses a time frame after the contract ends but the exclusive buyer agency agreement doesn't appear to have any such time-frame.
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2 October 2024 | 5 replies
The sheer volume of money and investment flowing in all the northern New England states over the past couple years is unheard of and created a highly competitive marketplace of rentals with investment that do not appear to be slowing down, even given the rental rate’s dropping double digits over the past couple years.
4 October 2024 | 26 replies
@Jill Hutsonthree reasons why apartments don't rent: Condition, Price, and Marketing, and a fourth can be the leasing agent, although I would tend to lump that into marketing.If the house is in good shape, and you're on all the platforms marketing it, then it's a function of price.There has been an oversupply of new inventory coming on line in many markets, and that's why rents have dropped in a lot of the metros.Unfortunately, it appears you have a pricing issue and you may have to start reducing the price, or throwing in some type of concessionGood luckGino
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2 October 2024 | 6 replies
Also - I'm dealing with an applicant right now who appears to live with a family member (same last name, listed as the landlord on her application) who was just served an eviction notice on September 14.
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1 October 2024 | 8 replies
From a pure numbers perspective, it appears to be a very good deal.
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3 October 2024 | 26 replies
Affordability or lack there of has the best chance of slowing this market but there appear to be plenty of buyers in all price ranges.