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15 March 2024 | 5 replies
@Suzy Farman my market is so hot I typically only need 2-3 weeks because many people are either living with family or already have a replacement tenant ready for their current unit upon move out.
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15 March 2024 | 21 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.
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15 March 2024 | 1 reply
The substantial 40%+ YoY increase in new listings in February is generally consistent with Austin’s typical seasonal pattern, where seller activity picks up as we head into spring.
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15 March 2024 | 4 replies
Typical rates are 8-12% of income either monthly or yearly depending on manager.
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15 March 2024 | 3 replies
In spokane valley area~Would love any and all thoughts on creative ways to 1 be the most creative w/ both the heloc and the 250k blessing that we will receive afterwards.
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15 March 2024 | 11 replies
You would have to pay for the consultation, there are no free consultations for this sort of matter.You may also provide additional details here to receive free advice.
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15 March 2024 | 6 replies
Typically real estate-focused firms have investors in most if not all of the major US markets and are familiar with it.
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15 March 2024 | 5 replies
I just received my deed last week with my rental going back into my LLC.
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15 March 2024 | 4 replies
@Errol GrahamFor single family rentals we typically do not put into a LLC.
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15 March 2024 | 7 replies
Then it will receive feedback from data such as click-through rates and booking rates to determine if it is a top property.With this I suggest that you take time during the slow season to scout your competition and upgrade amenities and photos to put your best foot forward.Obviously not everyone has the luxury to do this, but it will give your listing the best chance to take its place among the top results for your sub-market.Others may have valid opinions to the contrary, and I suggest you consider what you know about your market.