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5 January 2025 | 7 replies
@Kyle Carter just because a building has all section 8 tenants doesn’t necessarily mean that the cap rate will be higher on exit but it might attract a buyer(s) that are focused cashflow and not appreciation; therefore a lower price to juice the yield.One of my non negotiables if I were you would be to only buy in an area that is desirable.
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6 January 2025 | 5 replies
That said, I've seen many of these carriers are pulling away from habitation exposures (non-renewing a good portion of that business).
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7 January 2025 | 13 replies
Hearings take place in the small claims court which is designed for non-attorney litigants and has relaxed procedures and rules of evidence.
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3 January 2025 | 6 replies
We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.
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8 January 2025 | 8 replies
Additionally, have a clear budget, factoring in potential repair costs, and ensure you understand the rules about earnest money deposits and closing deadlines.LLC for Real Estate Investing: Forming an LLC for rental properties can offer liability protection and may provide tax advantages, though the tax benefits are non-existence for rentals.
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4 January 2025 | 5 replies
In Oceanside, New non-hosted STRs are prohibited outside of the Coastal Zone as of February 10, 2024.Most HOA's do not allow rentals less than 30 days so that is likely not an option unless you find a couple of places on the water that allow it but usually tough to find below $1M.
2 January 2025 | 2 replies
I would recommend reaching out to @Denver McClure as he may be able to help with a non-conventional loan
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14 January 2025 | 27 replies
Yes I am looking at Ocala, FL due to the fact that the properties they selling are non-HOA.
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1 January 2025 | 6 replies
There is no issue with eviction for non-payment of rent during the winter in Wisconsin.
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1 January 2025 | 3 replies
But generally speaking with the new landlord rules etc I wont fund occupied houses whether at auction or non Auction I want them vacant before we fund them.