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29 October 2024 | 4 replies
The warrantability will come up more on the back end when it comes to refinancing or selling and the rehab aspect will impact you more immediately as it may cause you to adjust some of the work that you're looking to do on the property.
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29 October 2024 | 21 replies
I like to call this a nice safety net for those that our younger and looking to save but fear locking up all their capital. 2) Keep in mind to contribute directly to a Roth IRA, you need to be under the Modified Adjusted Gross Income (MAGI).
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28 October 2024 | 15 replies
Despite current unemployment rates maintaining below 5%, the recent rise from 3.8% to 4.2%(recently revised to 4.1%) is significant, especially when considering wage growth adjusted for inflation.Over the last few years, the median household income has dropped by 7.2% when adjusted for inflation (and this isn't even considering volatile food and energy prices), a troubling trend given that inflation has outstripped income growth.
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27 October 2024 | 3 replies
Biggest thing is adjust pricing appropriately.
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26 October 2024 | 1 reply
Over all, a portfolio of DIVERSIFIED (as to residential areas) properties utilizing a buy and hold strategy should provide an adequate risk adjusted return without utilizing any other “opportunistic” strategies to “gig” the ROI.
28 October 2024 | 5 replies
To adjust your tenant screening criteria without any fair housing issues, it’s best to apply the new credit score requirement consistently from now on, treating all future applicants the same way.
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27 October 2024 | 3 replies
@Joseph HenryIt works the same on an adjustable rate mortgage - if you pay extra it reduces the principal balance
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29 October 2024 | 11 replies
The important thing is to adjust accordingly because there usually isn't an exactly identical rental property.The good thing about rentals is that you get feedback about your pricing quickly and can react accordingly.
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28 October 2024 | 6 replies
It is not uncommon for rates to rise this close to an election, then adjust back down right after.
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25 October 2024 | 22 replies
an owner can file a petition with the Rent Adjustment Program (RAP) to raise the rent due to “increased housing service costs” relating to ..."