Felicia Richardson
Land Purchase Down Payment
21 December 2024 | 12 replies
Quote from @Brandon Croucier: 20% down is terrific on land.It’s a non income producing asset which has increased volatility, typically I see 65 LTV max on land as of late.Thank you Brandon!
Austin Grant McDowell
202Thrive - What are your goals to see 2025 as a success?
21 December 2024 | 3 replies
For my short term rentals I am really going to focus on adding improvements that will increase my daily rate and guest experience.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.
Shelan Davis
Whitestone Developments Not Paying Subs
19 December 2024 | 7 replies
That must be frustrating.How about price, is it still the 2020 price, or were there a lot of change orders and price increases as well?
Trevor Blount
Adding a story, worth it? Estimating
17 December 2024 | 2 replies
If renting how much will it increase the rent and how long would it take you to make the investment back via the increased rent.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Chris Kay
Roadmap to Growth Starting with VA Loans
20 December 2024 | 4 replies
@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
Richmond certainly would have some potential in pulling trades from, but coming from Lexington, you might face an added trip charge on top of the service provided.Over the past few years, rents have increased nationwide.
Marshall Robins
How often does your Property Manager suggest/advise income opportunities?
18 December 2024 | 9 replies
Asset manager role would be to give advice on property that could be value added and increase the income on a property by small or big tweaks.