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7 March 2024 | 5 replies
Utilizing platforms and tools that offer market insights (AirDNA, Rankbreeze, Wheelhouse, PriceLabs, Smart Pricing) and competitive analysis can help you price your property optimally throughout the year.
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7 March 2024 | 5 replies
We agreed on a section 8 tenant stabilization plan, and after their first full month of taking over, here's how we're doing: Total Properties: 11Total Rent To Collect: $10,240Historically, under Own It Detroit (Mutual Property Management) -- monthly totals of rent collected on the first and before the 5th was typically $1200 LogicPM has inherited tenants who for the past 6-8 months were told as long as payments come in before the end of the month, partial payments included, you're okay.
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7 March 2024 | 4 replies
Typically, during inspections of occupied homes, tenants/owners will not expect or want their stuff to be moved all over the place to examine every inch of the property.
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7 March 2024 | 9 replies
If I have an STR (Short-Term Rental) property and have utilized 100% of the Short-Term Rental Depreciation for that property, what would happen after I execute a 1031 Exchange?
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7 March 2024 | 19 replies
Here's some playbook :- Typical DSCR 0.9-1.0 rent play: Antioch/Concord- Househacking free mortgage area : Hayward,San Leando,San Lorenzo- Fix and live in the flip: Hayward, Union City, San Jose, Santa Clara- Buy those house and wait for large appreciation: All Peninsula,San Jose,Santa Clara,Cupertino- Keep moving every 24 months play: San Jose LOL- buy those home with ADU play: Fairview, Hayward Hills, Oakland Hills, Berkeley.The creativity is endless in this market.
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7 March 2024 | 14 replies
* Water- if you are not billing it back to the residents most utilities have a base rate then a usage charge over the base usage allowance.
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6 March 2024 | 5 replies
Investors typically don't want these.Not sure about this specific situation, but typically on condos you own the sheetrock in.
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7 March 2024 | 0 replies
Austin (1,392 starts) fell by 13.6 percent, causing the ratio of Austin to San Antonio starts to fall below the typical 2:1 ratio.
6 March 2024 | 6 replies
Both structures are on same lot and have same utilities but are not connected in any way.
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7 March 2024 | 5 replies
At a typical 20% down ($306,120 loan), 5% interest fixed for 30 years, Interest starts at $1,276 / month.