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2 May 2024 | 0 replies
Factors such as rising interest rates and an influx of new apartment units have contributed to challenging conditions.
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1 May 2024 | 1 reply
If it's as good as advertised, worrying about what website links to share won't matter.
2 May 2024 | 41 replies
Every single time you let a day laborer set their hourly rate, you can be damned sure it'll take them all day.
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6 May 2024 | 65 replies
With interest rates today and the lower than many markets rent that I am able to charge due to location I can’t cash out my equity on most of my properties.
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2 May 2024 | 15 replies
The longer the pre-payment penalty you select, the better your rate will be.
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1 May 2024 | 8 replies
I use Zillow and Facebook market place to advertise and find tenants.
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3 May 2024 | 3 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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1 May 2024 | 27 replies
In Lake Tahoe having more beds is better sometimes because the average daily rate is higher so more people generally want to split the cost.
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3 May 2024 | 1 reply
Please keep in mind that we do not want recommendations for strategies involving financing, as we want to get some core holdings that produce immediate cash flow and not have that NOI reduced by loans at current rates in light of the current cap rates.Also, just FYI, we are in California and no way to get around that residency in time to reduce state taxes.
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3 May 2024 | 32 replies
You can research the occupancy rates, rental rates, and average length of stay for properties near hospitals.