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31 August 2024 | 1 reply
Starting March 2025, Freddie Mac and Fannie Mae will enforce new lease standards for multifamily properties seeking financing, aiming to bolster tenant protections.
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31 August 2024 | 22 replies
I aim to apply for FHA loan with a down payment of around 5%My Information:Age: 29MSalary: Around $85k (Anticipated increase to around $100k in December 2024)Debt: No DebtVehicle: Not currently owned (plan to purchase after home closing)Savings: $50,000I currently live in Northern Virginia and am ready to buy a townhouse there as a first-time homebuyer.
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31 August 2024 | 3 replies
@Mario MoralesCash-on-cash return measures the amount of cash flow relative to the amount of cash invested in a property investment and is calculated on a pre-tax basis.In theory if your rental income increases by X amount annually due to the rehab while holding your expenses constant so it directly increases your bottom line (cash flow), you can calculate the CoC return by inputting X/$45k (the cost).
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1 September 2024 | 8 replies
I get a HERS rating & do other effeciency measures when possible.Real estate meetups might be helpful, meetup dot com may be worth looking at.
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30 August 2024 | 1 reply
Aim for terms that align with your investment goals.
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30 August 2024 | 7 replies
We can train it however you'd like; the aim is to modernise AirBnB's to get better reviews (and also stop guests from messaging you directly with silly questions).
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26 August 2024 | 13 replies
1 - Why are you focused on these two arbitrary rules to measure a successful deal?
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2 September 2024 | 32 replies
The past couple of years as L3Harris has begun to move production/engineering from California to the area (cost cutting measure, not political), we have been seeing 10% appreciation yoy or so.
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29 August 2024 | 1 reply
Set your goals to be clear and measurable and work hard to reach them.
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28 August 2024 | 5 replies
If at all possible, never install mini-split, install duct work.Measure, Measure, Measure.