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14 March 2024 | 13 replies
The part we are stumped on is finding buyers; we have tried some of the more typical ways.
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14 March 2024 | 5 replies
So while you may not see a gain in value over the next two years, over a 10-20 year span you would typically see excellent growth.Also unlike the last five years where operationally the operator could be awful but saved by appreciation, today it is all about the asset management.How can you reduce costs, are there ways to add amenities to increase rents.
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14 March 2024 | 1 reply
Under the Tax Cuts and Jobs Act of 2017, interest on such loans is typically deductible if used for buying, building, or substantially improving the taxpayer's home that secures the loan.
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14 March 2024 | 2 replies
Then they continue to just flat rate charge us a fee for the water which for a typical residence 3/2 house is about $1400 per year for all the water you can use.
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13 March 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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13 March 2024 | 4 replies
When someone goes after a landlord, is there a certain range that settlements typically fall within?
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13 March 2024 | 7 replies
Meaning you would be responsible for the studs in only or is the property insured like a typical single family home?
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13 March 2024 | 17 replies
I'd assumed most people go the LLC route, because my architecture clients typically set up LLCs for their buildings....
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13 March 2024 | 8 replies
You typically have 30 total days to assign a contract (state dependent)3) What are some things I should watch for in her contract?
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14 March 2024 | 12 replies
@Hyeonji Oh Either house hacking a SFR or buying a multifamily (4+ units typically) will allow you to get into the bay area market.