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20 January 2025 | 6 replies
Additionally, there typically are additional state protections (outside of the agreement) based on where the fund is located.
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23 January 2025 | 7 replies
Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.
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15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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23 January 2025 | 5 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
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20 January 2025 | 5 replies
I've done a few so I'm typically offered 90% LTC.
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15 January 2025 | 11 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.
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22 January 2025 | 12 replies
I'm not counting those since I don't manage them, but I typically avoid cities and states with laws antagonistic to landlords.
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26 January 2025 | 15 replies
You typically need a down payment for many things you buy.
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17 January 2025 | 20 replies
But if your goal is to leave your day job soon, multi family will offer more cash flow typically.