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7 June 2024 | 8 replies
Thanks @Hugh Carnaha,Well keep me posted on when and where your next pints/properties meetup is, not to put any pressure but the choice of where you get your pints could indicate the quality of the group (kidding, of course, too many good breweries in SGF).But please keep me posted, would love to get connected going into 2024.Thank you!
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10 June 2024 | 1 reply
@Steven Ong: The reading I've done recently says that Australia is at the high end of the cycle.
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6 June 2024 | 2 replies
Does anybody know if investment gains from an house flip is stilled taxed if put into a HYSA (high yield savings account)?
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8 June 2024 | 0 replies
North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?
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10 June 2024 | 5 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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10 June 2024 | 5 replies
There is a high demand for rentals in all of Columbus.
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6 June 2024 | 25 replies
High quality property management if you don't want/can't to do it yourself3.
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9 June 2024 | 6 replies
Hey Alecia,If you manage them without using a management software do you have any recommendations for websites that can do screening of the tenants.
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11 June 2024 | 22 replies
Your gang of thieves (and it would take a gang) might have better odds of success knocking off armored cars at high noon or kidnapping wealthy children for ransom (a crime with a near-zero success rate in the developed world today).Get the case number, contact the USPIS independently, see if this rent heist story isn't really a snow job.
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7 June 2024 | 5 replies
Websites like Zillow, Realtor.com, and Redfin offer valuable insights into market trends, median prices, rent estimates, and historical price data.