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13 January 2025 | 14 replies
Also, you could consider buying something with "hard money"; this comes at a higher interest rate, but you might be able to get into a property and either flip it or refinance it.
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12 January 2025 | 3 replies
Higher-quality areas attract tenants who are more reliable and tend to take better care of the property.
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12 January 2025 | 28 replies
There is a distinct difference in the law between short term and long term rentals.
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16 January 2025 | 1 reply
In general, the higher valuation properties with views or close proximity to water have higher rates of returns.
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14 January 2025 | 5 replies
Additionally, your brother would inherit your cost basis for the gifted portion, potentially leading to higher capital gains taxes if he sells later.
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15 January 2025 | 9 replies
Very happy with them overall, but the costs/fees can be higher than others (but he said the funding was very competitive/consistent).
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23 January 2025 | 7 replies
I'm sure some local banks will do higher especially with a strong relationship but don't think I will fall into that category.
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15 January 2025 | 2 replies
Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price.
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14 January 2025 | 9 replies
Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.
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23 January 2025 | 10 replies
The lower the class area the higher the cashflow you should be receiving.