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29 April 2024 | 20 replies
In Arizona minimally you are spending at least 300k for a decent rental 3bed 2bath 1500 sqft and on avg at least 400k which is going to require minimally 100k down and closer to 150-200 if you want to cash flow where avg rent is the 2300$ range.
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1 May 2024 | 13 replies
Remember that real estate investing is a continuous learning process that requires adaptability and perseverance.
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30 April 2024 | 6 replies
The HELOC will eventually require you to amortize most of the time.
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30 April 2024 | 12 replies
Occasionally we see places listed that need 4 Wheel Drive to access or require climbing a lot of stairs to reach the front door.
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28 April 2024 | 13 replies
The County Health Department (I think) could use the house address to confirm to you if one is allowed or not.I've worked with Citizens for potable/drinking water, but not sewer.Could you help me understand if you're talking about storm water (rain water) or sanitary sewer?
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1 May 2024 | 5 replies
Not a fan of just basing it off rent, while that is a good gauge, it can be way off - just like cap rate can be on a MF building - good indicator but a lot more research and analysis is required.
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30 April 2024 | 12 replies
It depends on whether or not the carrier requires 12-month lease agreements...have to talk to an agent and provide accurate information on how the property is being used.
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1 May 2024 | 8 replies
We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.
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30 April 2024 | 1 reply
The house that is on the property is uninhabitable and would require 200k plus renovations to get it to where you could start adding finishes.
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1 May 2024 | 38 replies
I don't know the Utah requirements; but in Colorado I bailed from a franchise as soon as I could.