
28 August 2024 | 10 replies
Over the last 5 years you're looking at a Compounded Annual Growth Rate (CAGR) of just 3.11%.

27 August 2024 | 8 replies
After closing, we discovered that for about 5-6 of the properties, tenants had been granted "sweetheart leases", well below market rates, extending through 2027 and beyond.

26 August 2024 | 14 replies
Based on the other rents you've seen, what is a fair rent rate?"

27 August 2024 | 9 replies
IF you have paid the seller an EMD and are forefeiting it, wholesaling and assignment fees, are considered legit in your market and you get a friendly judge.

27 August 2024 | 18 replies
$1500 min per acct to avoid fees, $12/mo otherwise.

26 August 2024 | 2 replies
Median sale prices for Melrose (single family homes) in the last 3 years are as follows:2024 (year to date): $590,0002023: --> $535,0002022: --> $502,500With interest rates expected to drop several times from the end of '24 into '25, many believe that property values will continue to rise.If you are concerned about tenants not paying, I'd recommend:- Do not rush into accepting a tenant.

25 August 2024 | 23 replies
Plus there was a $500 fee that had to be paid to them for their fee and I was to cover all closing costs (their's and mine).Do you know if this is the norm for this company?

26 August 2024 | 2 replies
-Tips for managing the HELOC and property finances effectively.Others have advised that a HELOC only makes sense for short term use, not long term due to it's variable rate and risk of over leveraging.

27 August 2024 | 2 replies
If a property does not pass the self-sufficiency test, the borrower may not qualify for an FHA loan for that property.Using a DPA comes at the cost of a higher rate which makes passing the SST more difficult.

25 August 2024 | 9 replies
Agreed, wanted something to get started on (not to mention that so many websites rate these background check portal and by the time I test them, they fizzle in features/functionality.