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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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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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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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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.
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24 December 2024 | 2 replies
I want to create a GMB profile for a market I invest in, but I don’t have a physical office address in that state.I’ve been looking into virtual address services like iPostal1, but I’m concerned it won’t be approved by Google since they seem to have strict rules about virtual or P.O. box-style addresses.
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12 December 2024 | 7 replies
We've ingored "the 70% rule" from day one (over 15 years now).
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8 January 2025 | 29 replies
You're buying a specific property, in a specific location, in a specific condition, subject to local rules and regulations.
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23 December 2024 | 2 replies
This injunction temporarily halts the enforcement of the CTA and its reporting rule, including the January 1, 2025, BOI reporting deadline.