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13 December 2024 | 3 replies
Given that your property has been subdivided into two rental units, it should indeed be compared to other multifamily properties in the area, not single-family homes.
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22 December 2024 | 12 replies
It was really insightful, especially the part about how DSCR loans offer shorter seasoning periods and more flexible qualification requirements compared to conventional financing.I’m currently focused on scaling into 6+ unit multifamily properties in New Jersey using the BRRR strategy.
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15 December 2024 | 9 replies
We passed, but even little things like string lights or not having a grate over the fire pit were big concerns.Overall the numbers in Fredericksburg are staying the same compared to 2022 in my experience.
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17 December 2024 | 17 replies
& track my job costs against each category so I can compare my budget vs actuals and calculate the variances.For example:Electrical Budget: $4,000Electrical Actual: $6,300Variance: +$2,300This process is more tedious because you have to breakdown each invoice or receipt and allocate the costs to each Category, but it really helps you understand where you are spending your money and why you went over budget.Otherwise, it sounds like you are having trouble measuring employee productivity?
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15 December 2024 | 5 replies
You will need to compare your unit to the competition.
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16 December 2024 | 11 replies
For long-term strategies, a cash-out refinance is usually more advantageous, as it preserves ownership and offers fixed terms.To proceed, start with a professional appraisal to confirm the home’s value, compare refinance terms with traditional lenders, and carefully scrutinize shared-equity program terms to ensure they align with your financial goals.
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14 December 2024 | 11 replies
It’s free and that is one way to get free listings.judical states also have to file a lawsuit and you can search civil suits or contact sheriffs offices to get the calendar and listing for foreclosurespaying for a site is all in one and maybe worth it compared to how much time you are spending searchjngif you stay in one area then I recommend what I mentioned
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17 December 2024 | 8 replies
The prices are still really affordable compared to other cities, but you get solid rental income potential.
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16 December 2024 | 5 replies
Then compare that to median sales prices in a given zip code.
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16 December 2024 | 8 replies
Instead, I'd just rely on a CMA (comparative market analysis) of renovated properties in the area from your realtor unless you have local MLS access yourself to run the report.