
29 July 2024 | 2 replies
The North Texas city's population has grown by 7% and its economic diversity has been a key factor in sustaining employment and population growth, according to the report.Austin's prosperity was tied with Fresno, California for a top 5 rank and total score of 59.9 points.

30 July 2024 | 8 replies
It maybe the case that your accountant either doesn't know this rule or is factoring in something else

1 August 2024 | 4 replies
it took me a few years to build up my network.

27 July 2024 | 3 replies
Still on my radar, although I may stick to slab/stick built basic build designs.

31 July 2024 | 3 replies
That includes zoning, (including a zoning letter to confirm legal use) building, permits, sales tax, licensing, etc.

31 July 2024 | 2 replies
2017 Building, 2 bd 2 bath, 988 sq ft1.

29 July 2024 | 0 replies
Factors such as location, lot size, and zoning significantly impact property value and sales velocity.Let's share insights, challenges, and strategies for success in this dynamic market.

29 July 2024 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

30 July 2024 | 1 reply
More then 36 units can be built on this site<"an individual building couldn’t have more than 12 units under the proposed zoning.

31 July 2024 | 5 replies
I want to build my way there through rentals and as time progresses, I plan on building multiple other streams of income down the road outside of realestate.