Compared to my other redeemed property this lien took several months longer to be paid back ( 5.5 months), therefore I earned a bigger profit on this lien.

Compared to my other redeemed property this lien took several months longer to be paid back ( 5.5 months), therefore I earned a bigger profit on this lien.

Let’s assume that the economy continues down for the next few years (interest rates are up, Credit is limited compared to  previous 8 years, spending is reduced and overall asset values both financial and RE are down). 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Taxes can be found in the central appraisal district in which the property is locatedAn agent can help you find the Sf price using comparables from mls databaseClosing costs are somewhere between 2 to 5% depending on purchase price Honestly four plexes are nearly non existent compared to houses here in DFW.

It looks like a lot of homes in that area are not necessarily cookie cutter and comparable to other sold homes near by.

I'm looking at acquiring my first rental property, and I'm curious how most of you acquire yours. Do you typically go through a realtor, or do you go for off-market deals? I have found that several of the listing pric...

They also presented themselves in communications much more professionally, with onboarding elements (for us), and suggestions on what to get and where to get it re: furnishings or supplies. 

I believe the value is higher than it was when we bought because of the rent increases and improvements we have made, but value can be subjective depending on the metric you are using (or more specifically what metric potential buyers would use), whether or not that be using comparable sales, cap rates, cash on cash return, the 1% rule, etc... 

Make sure you get your hands on the historical financials and a current rent roll and perform a rental comparable analysis to determine accurate, post-renovation rents.