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15 December 2024 | 7 replies
@Phillip Austin I self-manage my properties including some where I do rent by room as a primary strategy, and it is very effective if done well with good screening in place.The difference is starting with shorter leases for me.
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31 December 2024 | 49 replies
You should also be well versed in the local vacancy rates and how they effect your unit and turnover times.
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22 December 2024 | 23 replies
I don't work on houses, but I have to use B and A-basis values for material strength which in effect means the real material will end up being 20%+ stronger (depend on the material).
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24 December 2024 | 25 replies
Strong jobs reports had a larger effect on the 10 year treasury, followed by strong retail sales numbers, followed by EU inflation numbers, then followed by election results but honestly election results only affected rates for a couple of days.Lots of pressure on treasuries from the level of debt the US is carrying, but remember the Fed is also still doing quantitative tightening (while cutting rates) which is additional upward pressure on rates.
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17 December 2024 | 9 replies
Yep for one especially in the early stages a hard credit pull would not be useful, just have them do soft checks for the time being and opt out of credit solicitation: www.optoutprescreen.com I could be biased... that said typically working with one lender than can help regardless of where you're looking and having a relationship with that will provide the easiest and most cost effective route long term.
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18 December 2024 | 20 replies
Georgia, a state not mentioned, offers a 20% penalty so if the encumbered deed is redeemed after 1st month your effective rate of return is 240%!
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15 December 2024 | 2 replies
Also, check to see if your jurisdiction is practicing "Just Cause Eviction", which went into effect statewide earlier this year for municipalities that which to opt in.
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15 December 2024 | 7 replies
I am not a lawyer so anything I say here is not legal advice and your contracts should be reviewed by an attorney.2.
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19 December 2024 | 24 replies
Should I get a lawyer???
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13 December 2024 | 7 replies
They are lawyers so can appeal through the whole process essentially for free.