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15 December 2024 | 17 replies
If so, what rent ranges are what class?
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12 December 2024 | 6 replies
There is a city wide ruling that it isn't allowed.
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22 December 2024 | 24 replies
@Gregory Schwartz rates are above 7% now, so not a stretch to see them staying in a 6.5% to 7% range next year.
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10 December 2024 | 12 replies
Quote from @Jinglei Shen: I am building my investment portfolio(duplex) in Ohio Cleveland, a few properties i have analyzed with net cashflow around $100 to $290 here is one deal I am analyzingDuplex generates $1590 income /month together,purchase price $123,000rate 7.5%, downpayment 25%5% vacancy, 10% mgm fee, $1400/year insurance,10% capex, 5% maintenance,COC is 8.73%monthly net cash $277this deal meets1% rule, bring in positive cash, my question is it in normal range in Ohio Cleveland market?
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14 December 2024 | 15 replies
go to Home Depot, talk to some general contractors, join your local Facebook and meetup groups and start getting good ranges for every major item.
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16 December 2024 | 7 replies
Current interest rates were in the 8-10% range.
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7 December 2024 | 4 replies
So our PITI on the home is $4,020/mo.Keep as rental- Market comps suggest a wide rental range - $3,800-$5,000+.
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9 December 2024 | 15 replies
I ended up not even going STR after digging into her projections and finding out they were not realistic and were just based on city-wide data.
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16 December 2024 | 19 replies
Right now commercial rates are more like 6% with a point. the only loans from banks I see tied to prime are vertical construction loans or horizontal construction loans.I had the same issue with I had maxed out my rental loans with lenders like Country wide and Wells fargo that reported to fico..
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10 December 2024 | 10 replies
What is your price range (or down payment range) and are you looking for turn-key properties or something along the lines of a "fixer upper"?