25 May 2024 | 6 replies
In times such as this with high interest rates, or to have a competative offer, you might offer all cash at a lower price with a short closing time frame to a seller in order to get a good deal.
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21 May 2024 | 7 replies
Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances.
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24 May 2024 | 1 reply
And what resources/websites do you like use to analyze a market for things like: job growth, population growth, unemployment rates, crime rate, what big companies/firms are there/moving in, etc.?
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24 May 2024 | 2 replies
Once that amount is adjusted you'll have a loan payment updated based off of the rate and terms of the loan. 2) In you long-term expense estimates I don't see any assumptions for property management (7-10%), repairs/maintenance (7-10%), and vacancy (5%) so I would re-run your estimates based off of new expenses.
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25 May 2024 | 17 replies
even with .95% with today's interest rates, they seem to cash flow fairly well.
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26 May 2024 | 45 replies
Our low cost living, weather and current interest rates make for a very interesting investment in the area or in Florida in general.
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25 May 2024 | 11 replies
I think that’s the going market rate per room and that’s why most property managers and landlords rather have a 12 mos contract so that there’s less vacancy and showings.
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24 May 2024 | 100 replies
Look at their rates and look at their booking calendars.
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24 May 2024 | 3 replies
I was able to find a few lenders that would be willing to finance the project, but after breaking down the numbers I found that this project will not be feasible given the current interest rates and market rent.
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24 May 2024 | 259 replies
The market here is very strong and competitive- appreciation is at a very high rate at about 5% annually.