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18 February 2024 | 1 reply
Closing costs vary based on State and County for Taxes, Insurance, Doc stamps, transfer taxes, Title, and every Bank/Lender requires different points/hard costs.If you have any specific questions of if your just getting started feel free to message me or reach I out.
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18 February 2024 | 2 replies
The 5 year proforma by DEFINITION is based on a whole slew of assumptions about a whole host of issues in the future - national economy, local economy, interest rates, cap rates, rental rates, political and geo-political factors.
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18 February 2024 | 31 replies
I'd assume the tenant base is mainly nurses and professionals.The other option is to do a 30-day minimum on Airbnb, who collects a 3% fee, but handles the rest.
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18 February 2024 | 12 replies
Sounds like it's been vacant for a while based on your narrative.
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18 February 2024 | 47 replies
It was a base hit.
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19 February 2024 | 10 replies
They can take out enough for a down payment for the next house and a little extra to put into savings as a "What if" fund maybe 3-6 months PITI based on the new home payment.
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18 February 2024 | 0 replies
*This link comes directly from our calculators, based on information input by the member who posted.
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18 February 2024 | 4 replies
They're a 1031 Qualified Intermediary service in SC and are based in Greenville.
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18 February 2024 | 9 replies
My numbers are conservatively based on 3 STR's I already own in this market.
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19 February 2024 | 9 replies
I'm renting the place at 1495 currently and, based on comps, this doesn't seem like an unreasonable price.