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26 May 2024 | 40 replies
i have 2 properties that had wind damage , Both were covered , both same insurance company and this was 4 years ago and rates didnt go up much at all .
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24 May 2024 | 6 replies
I just returned from a local real estate where I had a conversation with a young man named Frank.
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25 May 2024 | 4 replies
From my experience I would avoid it as a seller unless I was getting a large down payment, a larger purchase price, or a higher than market interest rate.
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25 May 2024 | 3 replies
To the degree, one is realistic, the probability of finding a replacement property increase.Say you want to sell a fourplex to trade into and buy via 1031 a 20 unit apartment building.And the market cap rate is 6% but you want to buy something that offers a 6.5% cap rate, you probably won’t be able to find it.
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23 May 2024 | 2 replies
My goal is to foster a productive conversation where we can share knowledge and insights to benefit everyone involved in Nashville's real estate scene.Looking forward to engaging with you all and learning more about this dynamic market!
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23 May 2024 | 10 replies
Developing one-on-one relationships can yield insightful conversations and recommendations catered to your own objectives.BiggerPockets is one of the platforms that not only offers online forums but also connects you with local investors.
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24 May 2024 | 12 replies
Now it’s more than $107,000, according to the NAR.when rates were at 8% this was publishedA mortgage rate that stays around 8% means median home prices need to fall by 35%, to $265,000.If rates stay at 8% and prices at current levels, income needs to increase by 63%.
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24 May 2024 | 2 replies
Rentometer: This tool helps you determine rental rates by comparing them to local listings.
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24 May 2024 | 19 replies
I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into this before... but it seems like there are lending minimums and a conventional loan of $60,000 isn’t something I’m finding easily.I could likely get a hard money loan or get a HELOC on my primary residence and purchase the home with cash... but I don’t like these options because the interest rates are higher than a Conventional loan.Besides hard money or a HELOC, are there any suggestions on how to get this smaller loan at a reasonable rate?
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24 May 2024 | 5 replies
Real estate can appreciate overseas but you could still lose money based on currency exchange rates and strength.