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4 May 2024 | 6 replies
It should give you pause that a sub-100k duplex is hard to sell, while 300k duplexes receive 15 offers in 24 hours.
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3 May 2024 | 35 replies
Since beginning, I've rented to about 8 different people from various walks of life - mainly business travlers from other countries, rotating medical students, and travel nurses.
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3 May 2024 | 7 replies
Offer to cover 3% of closing costs since you’re saving that in realtors fees.
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3 May 2024 | 17 replies
Our lender offers nothing.
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3 May 2024 | 23 replies
"Regentrification" to me is when a City, Mayor's Devenlopment Council, offers Tax breaks etc. for Builders to build "affordable housing" in the run down neighborhoods where I would never want to own anything.
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30 April 2024 | 6 replies
I put an offer on a property.
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3 May 2024 | 12 replies
Example belowwe found a house for 900 a month rent Asking price was 59900. taxes 1400, insurance 800, renovation budget 25k mostly cosmetic and minor fixeswe went into it expecting a 15% return on our cash out that gave us a expected cash out loan around 75k to get our 1.4 dscr When we plugged our numbers we could go over 47k on our offer to make the deal work we offered 43 and got counter 47,5 we took the deal assume a slightly lower 1.38 dscrthe key is to scale and be selective on tenants AND not allowing pets (you can offer them but suggest crazy fees to cover yourself) 500 pet fee, 25 a month per pet etc.
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3 May 2024 | 3 replies
Social media and online marketing - we signed up with our web developer for a service she began offering early last year where you pay a monthly fee for continuous SEO, including updates on social media, etc.
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3 May 2024 | 6 replies
Just because someone offers 6% monthly fee does not mean it might not come from somewhere else.
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30 April 2024 | 0 replies
Does anyone know of any organizations/charities that offer rental assistance in Montgomery County, Maryland?