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13 June 2024 | 7 replies
If the choice is paying a high interest rate and still making money that is often a better choice than not doing the deal at all.
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13 June 2024 | 5 replies
I highly recommend staying well-informed about tenant/owner laws.
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12 June 2024 | 12 replies
The difference is that the physical assets which make it harder for quality control.In average, it took me about a year to build a strong team, with a lot of hands-on involvement, but I spent a lot of time looking at the work.Currently, I am building a team for my portfolio in Dallas that I have with some investors, but I am here so I can look at the work closely.What I have seen is that is better to have one or two employees in a payroll and then all others as contractors.
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10 June 2024 | 11 replies
This is caused by many years of low interest rates, high construction costs & supply shortages, along with high demand from millennials buying first and move-up homes at the same time baby boomers want to downsize.
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11 June 2024 | 11 replies
No clue, underwrite some deals and find out.https://www.affordablehousing.com/ is a website dedicated to section 8 rentals and may provide some insight as to what you can expect to get in your local market.
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12 June 2024 | 8 replies
Also, in my area, the associations often have websites where they publish their rules.
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11 June 2024 | 11 replies
Is there a website I can go on to get that information?
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12 June 2024 | 14 replies
Go to the Etsy website and search for "property management spreadsheet" and you will find more options than you can shake a stick at.
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13 June 2024 | 7 replies
@Wayne Kennoff- thanks 1) getting a personal referral is a good place to start 2) if you have narrowed down the options to a few - contact both on the same days and ask them for whatever quotes for your scenario ...ask for a loan cost worksheet if possible . ...if their pricing ends up being the same - make a decsion based on the feel for cutoner service you get when communicating with them. 3) make sure they disclose all the fees related to the refinance ( not just their own fees ) ..4) reviews are hard to use to make a decision ( as you found out ) 5) rates are pretty high right now for rental properties ....if you can wait to refinance - you might consider doing so ...if you need to refinance - so be it ...Good luck
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13 June 2024 | 4 replies
She is highly noise sensitive and constantly complained that I wasn't holding her neighbors to the "quiet use" portion of the lease.