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19 January 2025 | 47 replies
Preventing MismanagementIn the idea, all income distributions follow predefined rules laid out in binding agreements.
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24 December 2024 | 9 replies
There are rules to follow!
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31 December 2024 | 13 replies
Prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well.
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26 December 2024 | 10 replies
Most foreign buyers are high net worth individuals who want to park their money there in a safe haven and they don't need BP.No restrictions apply to American buyers in the countries they'd generally want to buy, including those mentioned by Federico and many other popular countries.When it comes to Spain specifically, some more conservative banks will ask you for a 40% downpayment (that would be the maximum) but that isn't the rule.
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25 December 2024 | 5 replies
Co-ops often come with stricter rules, so a condo might be better for short-term ownership.
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28 December 2024 | 8 replies
I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.
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5 January 2025 | 24 replies
That gobbles up a ton of space.Fortunately, State of Arizona has created a new ADU rule which Tucson is adopting at the end of the year.
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21 December 2024 | 14 replies
We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.
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30 December 2024 | 14 replies
Let’s break it down with the 70% rule to see if it’s investor-friendly:ARV: $190,000 (taking the middle of $180K-$200K)70% of ARV: $190,000 * 0.7 = $133,000Minus Estimated Repairs:Roof: $20,000AC: $4,000Additional repairs (general estimate for a property needing updates, say flooring, paint, minor plumbing): $10,000-$15,000Total Repairs: approx. $35,000Max Buy Price for Investor: $133,000 - $35,000 - $10,000 (wholesale fee) = $88,000Since you’re getting it for $91,000, you’re close, but to make it irresistible, consider negotiating the purchase price down a bit further.
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23 December 2024 | 17 replies
Metrics and local zoning rules and regulation awareness is the key.