
17 May 2024 | 2 replies
Best money you'll spend, high ROI - no doubt about it!!

17 May 2024 | 8 replies
It's a little tough when you only have 1 property (because sometimes the entry-level fee charged seems high compared against 1 property.)

17 May 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

16 May 2024 | 8 replies
High search volumes for terms like "luxury apartments Syracuse NY" and "new apartments Syracuse NY" mirror the interest in upscale living spaces, particularly evident in this zip code.

17 May 2024 | 8 replies
(Not actively purchasing as my money is tied up in the market right now)...so with the 2 lenders i've gotten here:STR DSCR Rural (not a log cabin or other non-conforming structure) just remote sfrHybrid loan 15% down, interest only investment loan with seller paid points to get to ~8% and reduce closing costs DSCR would use long term rental rates to establish monthly DSCR and then offset monthly with average DTI and 800+ credit and high cash reserves as long as DSCR is .75+additional appraisal to establish STR rate estimates to be used alongside the standard long term rental rates5 year prepayment penalty with reasonable terms

14 May 2024 | 4 replies
Although the temp is supposed to be 103 to 105 for the highs.

16 May 2024 | 4 replies
I had friends some years ago that in a condo put in high end appliances, it was a chef and his wife, so think $20,000 stove, sub zero refrigerator and top end dish washer.

17 May 2024 | 12 replies
But given our high cost city and sky rocketing interest rates, early and simple analysis of any property has so far resulted in negative cash flow.

14 May 2024 | 2 replies
Don't get me wrong, these come with their own challenges, such as the high minimum investment ($50-100K, although that's also about how much you'll need to buy a rental), and the difficulty in finding reputable sponsors.

17 May 2024 | 19 replies
Expensive yes, but high pigment count and excellent coverage.Sounds like you've checked all the moisture entry points.