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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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8 June 2024 | 4 replies
) any ways , she gladly paid the app fee, filled it out on the site, had paystubs ( she is in the service industry) makes enough money no problem.
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7 June 2024 | 4 replies
I think we pay a small fee to do so but we would pay more to cut and mail a check anyway so it's absolutely worth it.
8 June 2024 | 2 replies
Once the project is complete, you determine market rate and buy out their share.Let's say it cost $60,000 to build the house and it is appraised for $120,000 after you are done (not including the land, which you already own).
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7 June 2024 | 5 replies
Our current interest rate is 4.32% with a 15 year note.
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8 June 2024 | 1 reply
That's with 20% down and a 7.5% interest rate.
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7 June 2024 | 3 replies
Can I create an LLC and transfer the house to the LLC without changing my current mortgage rate?
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7 June 2024 | 0 replies
We use a flat fee listing agent to save on standard seller commission which allows us the option to offer a higher commission to the buyer's agent
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7 June 2024 | 14 replies
Since about April of last year rental rates and occupancy has been in the literal toilet.
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7 June 2024 | 16 replies
When you get higher, you are essentially bidding down the interest rate that you receive.I am not a tax lien specialist and recommend reaching out to some of those who are very active on BiggerPockets like a Ned Carey