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17 July 2024 | 2 replies
What percentage of housing demand in and around Metro Atlanta is section 8, and is it worth marketing more to affordable housing?
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18 July 2024 | 5 replies
Since you said the sales price is $180000 and loan around $165000 so Mom needs a down payment plus the costs.The seller may lose a portion of their entitlement, not knowing their situation, cannot speculate but the loan is small, so perhaps a percentage of the entitlement.The seller doesn't have to stay one year, seller can move and ask for exception, seller cannot rent the property in the first 12 months.
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17 July 2024 | 9 replies
True private money is going to cost 10-12% plus deal equity which often makes the true percentage 20-22% on your money vs alternative lending which will be around 12-14%.Here to chat if you want some help comping a deal and putting one together.
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17 July 2024 | 4 replies
---What vacancy/tenant nonperformance percentage did you use in your ROI projections?
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17 July 2024 | 12 replies
The app also gives you a real time battery life percentage, so you can tell when they're in need of being changed out.
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17 July 2024 | 5 replies
They want to be a smaller percentage of the investment, so you need to get the $ from somewhere and many start with retail investors.
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15 July 2024 | 1 reply
Or you could promise a certain interest rate then lower the rate by a percentage or two at closing.What can be done in todays market to underpromise and overdeliver?
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17 July 2024 | 37 replies
It takes a lot of money to operate a rental as things break and wear out, tenant issues, unexpected crap that comes out of nowhere… in my experience it takes $300-500/month minimum in capex budget alone and a lot of people only budget $100 or less because they’re using a spreadsheet that recommends a percentage of 5-10% of rent and the rent is too low for that number to be high enough.
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16 July 2024 | 26 replies
In some municipalities rent works with the property, not the tenant, so that even if a tenant moves out, you can only raise it a certain percentage with the next tenant.
15 July 2024 | 4 replies
Is there an acceptable max percentage to increase rent?