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17 June 2024 | 16 replies
try to convert existing air bnb guests to future guests on your own booking site- via coupon to come back and get a discount?
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17 June 2024 | 10 replies
I have one property that I bought last year for $475kCurrent value is $520kInterest rate 6.75%loan amount is $352,000 (I put 25% down when I bought it)Monthly P/I escrow is $2680Rents for $2400im debating putting 100k on the loan and recasting it. this will lower the payment roughly $650 a month and will make it cash flow.
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17 June 2024 | 9 replies
Do I have to give downstairs tenants 90 days to leave and upstairs tenants 90 days at their old rate until I propose an increase?
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18 June 2024 | 12 replies
Labor rates double the national average and General contractor markups of 25+%.
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13 June 2024 | 8 replies
I would be looking for a price discount to compensate for the repairs, lost rent, and eviction expenses.
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18 June 2024 | 14 replies
In a BP video, Memphis was noted for it's RTP of 1.04%, low tax rate, and "could generate 20% can on cash return" (though where they are getting these number, idk.)2.
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18 June 2024 | 4 replies
I recently purchased a primary home in LA County Sept 2023 (only put 5% to do renovations and have an interest rate of 7.25%; I rent out back unit when we are out of town and intend to rent out main house eventually).
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17 June 2024 | 5 replies
The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.
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16 June 2024 | 7 replies
I think your best bet is to go with a Correspondent Lender like we are because we can get you multiple offers to ensure you get the best rates and terms available for your scenario.The best lender is going to depend on the qualifications of the borrower, the property and tenant type as well as some of the specifics of the lending scenario.For the Borrower:1.
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17 June 2024 | 0 replies
The first step toward this goal is for the city council to recognize the harm caused by maintaining a high commercial tax rate, which drives companies away from the city.Hopefully, we can explore more avenues to generate employment opportunities for Worcester residents, empowering them to work and sustain themselves.