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26 February 2025 | 8 replies
Rental Yields and Appreciation: Explore how Texas' rental markets stack up against comparable states.Legislation and Taxes: Property taxes in Texas are high.
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17 January 2025 | 5 replies
If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.
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25 February 2025 | 5 replies
However, they are hard on the physical property. expectations before they move in matter most, if you share the clear rules about what is expected, and what isn't, and remind them that you are connected (even from a distance), I expect it could turn out well. make sure you aren't putting in high dollar nice things.
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30 January 2025 | 7 replies
TIAHi Dawn, regarding your occupancy, with in effective dynamic pricing policy, you should still be able to beat the market while weeding out “bad” guests.
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18 January 2025 | 7 replies
This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.
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25 January 2025 | 12 replies
Most likely due to wanting to invest his time more wisely:)If you can move in with family or friends RIGHT NOW and rent out your house and start DIY managing it BEFORE moving out of state, that would be best.Otherwise, handymen, cleaners, agents, etc. are highly likely to take advantage of you once they find you you live OOS.
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24 February 2025 | 11 replies
It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.
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7 February 2025 | 41 replies
Now it is a pretty landlord friendly state.Ohio - property taxes are high relative to many other states but in many cities the rental rates are high (better cash flow) as a compared to the house price and therefore a relatively low price-to-rent ratio.
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13 February 2025 | 8 replies
Back when I started selling foreclosures, the REO (real estate owned) inventory was crazy high.
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18 February 2025 | 4 replies
Can you figure out for example who has seniors in high school and do they have any other kids at home.