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12 May 2024 | 3 replies
Then watch the comparable properties and see if they rent quickly (priced too low) or if they sit on the market (priced too high).
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8 May 2024 | 7 replies
Updating light fixtures for enhanced ambiance.
12 May 2024 | 2 replies
Several things to contribute here: 1) Private Lenders with no credit experience emerge doing down payment and 100%/High LTV financing at the end of every cycle, 2) they're among the first to loose their shirts in every downturn, 3) although someone termed this type of lending "gator", it's not new, 4) the guy that coined it didn't get into real estate untill well after the last crash, 5) he has no real credit background or experience (he's never been a lender), 6) Google the guy's name and "looses professional license in AZ" to see what pops up, and finally 7) he's really effective at telling people what they want to hear, filling their heads full of hopes and dreams, getting them to buy his training, and his minios generally won't want to hear what a real, seasoned lending vet will try to tell them.
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10 May 2024 | 10 replies
I thought the qualities of the videos was very poor.
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11 May 2024 | 4 replies
Seems like I am having a problem because I'm a recent high school graduate Please advise how to buy a multifamily home under these circumstances.
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12 May 2024 | 6 replies
And it is only 1500 sqft for both units, so rent will be limited based on the small size and you still have to maintain kitchens and bathrooms for two units, which means high maintenance cost to rent ratio.
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12 May 2024 | 12 replies
We lost the equity piece of BRRRR, but we gained appreciation - something I did not see much in the earlier years.We work with the same contractors, we have standardized materials, we use the same vendors and SKUs for the most part - but still: if I am not on the job 3 times a week and check in on progress, quality and issues, things go sideways.Most of our OOS clients end up doing paint & carpet and will later say they are so glad they did not take on more!
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9 May 2024 | 8 replies
ThanksDanb Hey Dan, To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
10 May 2024 | 4 replies
I prefer to stay in mostly owner occupied areas because it yields a higher quality resident that's more consistent over time and the homes typically appreciate at a faster pace.
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11 May 2024 | 3 replies
RentRedi has integration to handle this, but at $50 for the income & asset verification and $40 for the tenant's credit, criminal, and eviction reports, that seems high to me.