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22 April 2024 | 15 replies
.đź’« My next goal would be to purchase another single family this year (I wish the interest rates would drop a smidge), if unable to then continue saving until "the time is right".
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22 April 2024 | 6 replies
@Abigail Rodriguez There's a handful of Philadelphia based "Gurus" who collect  mentorship fees from new investors and feed off the exact rhetoric you just wrote.
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22 April 2024 | 13 replies
If you don’t mind me asking Job growth and stabilityLimited land to hold value Tourism and revenue incomes streams as a city to gain exposureMilitary bases nearbyResort town/ beach town Commercial businesses coming into the area Tons of gentrification in the area with new constructionÂ
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24 April 2024 | 11 replies
This amount is not refundable and would be based on good credit (% would increase for credit below 730).
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23 April 2024 | 7 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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23 April 2024 | 12 replies
Instead of posting a question and waiting hours for Bruce to respond, you can ask AI and it will tell you what Bruce will say based on previous answers!
21 April 2024 | 5 replies
They recently dropped their price to eight cents a skiptrace.
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24 April 2024 | 49 replies
Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.
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22 April 2024 | 7 replies
After re-reading Pricelabs' section on their recommended base price not including all the various fees (not just cleaning, but for example, Airbnb's own fees, etc.), I've reformulated the base price to consider all these fees so that it better reflects the total price the guest is paying (independent of taxes).
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22 April 2024 | 14 replies
Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.