
26 April 2024 | 45 replies
We sat down and traced out a plan (i.e. paying down debt, increasing their FICO scores, saving for a down payment, type of home) and in both cases, they were ready to buy in less than a year's time.

25 April 2024 | 14 replies
They're estimating $12,900 in year 1 and a steady 3.3% rent increase every single year.

25 April 2024 | 8 replies
@Amber StoutIf they do not reduce the money supply they may need to increase rates vs decrease them as we are heading in this quarter where last year MoM inflation was very low so by end of June/July inflation being closer to 4 could be a possibility….

25 April 2024 | 4 replies
.: $125 per month, but I assumed 10% Capex+Maintenance: 5% (Assumed this since the home was recently rehabbed and all major items have 7+ years)Property tax: ~$5,000 (Could increase in the future; not sure)Insurance: ~$600Cash flow: ~$250 per month (while not huge, I expect some appreciation)

26 April 2024 | 145 replies
It may increase your vacancy when tenants discover they can no longer afford to heat their unit.I would add this:Since the TX power grid has proven unreliable and the providers can price gouge (how the justice department will challenge that remains to be seen), you could possibly ask premium rents by adding a generator / transfer switch to each building.

26 April 2024 | 14 replies
Florida has been top of our list to invest in, however with what is happening with HOA fees climbing, insurance increasing and the new legislation for condo taking effect in 2025 we are going to sit back and watch for a bit.We live in Calgary and have been looking at Arizona and Montana as well, Montana is close for us.Sharing your contacts would be greatly appreciated.Thanks for the help

24 April 2024 | 49 replies
Army, attracting a steady influx of PHD education people.Houston, TX: Houston's diverse economy spanning oil (used to be just this), healthcare, and technology provides a robust job market that supports housing demand.

25 April 2024 | 0 replies
Purchase price: $180,000 Cash invested: $40,000 Sale price: $299,0004 family flat, 3 units occupied rents all at $625.00 increased all to $750 with 3 month,6 month,12 month and month to month options.
24 April 2024 | 2 replies
The seller's agent says that since they are not notarized, legally they are considered month to month and gives me an opportunity to make changes in rent or tenantQUESTION: Considering the above conditions, how do I increase the valuation of this property?

25 April 2024 | 15 replies
The shorter the prepayment term has an impact on increasing the rate.4.