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24 June 2024 | 7 replies
Regarding charges for damages, it depends on state & local laws AND court/judge tendancies.Most leases state tenants must return a property back to the owner/landlord in the same or better condition than when they took possession - normal wear & tear excepted.So, what is "normal wear & tear"?
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24 June 2024 | 0 replies
The Programs includes or covers:- Up to $2.5B in second loan purchases- A maximum programs duration of 18 months- A maximum loan amount of $78,277- A minimum seasoning requirement on the first mortgage of 24 months- Only for Primary ResidencesThe effect of a guaranteed government backed second mortgage for homeowners would be significant and likely put eligible second mortgage terms in line with below market FHA and guaranteed first position mortgage rates.
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24 June 2024 | 4 replies
Hi ALL,Just reaching out to see if you can give me some insights on Charlotte Michigan, Small City close to Lansing MI (21 Mil), I'm researching a Multifamily building, My concern is that there is 9,000 plus population only, I see articles that show is a good rental market, but it will be grate if anyone that knows the area can have some feedback as far is Schools, Crime rate, Economy and so on.As always, thank you guys, have a great day!!!!
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22 June 2024 | 7 replies
What's the Absorption Rate of housing in the area?
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25 June 2024 | 8 replies
Depending on the state where this is happening, maybe these cousins should just get married :)
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22 June 2024 | 18 replies
You may or may not want to keep your current home as a rental, depending on how well it would cash flow.
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24 June 2024 | 5 replies
That property would never cash-flow with today's interest rates.
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23 June 2024 | 38 replies
Hardwired and interconnected vs. solely battery operated depends on what municipality or police jurisdiction the property is in, the date of the requirements, the grandfathering rules, and the last time a permit was pulled, which would have probably eliminated grandfathering.
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21 June 2024 | 13 replies
CAP Rate = Net Operating Income / Property Value (Purchase Price).
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24 June 2024 | 5 replies
yes of course you have to build above flood plains to even build in miami and most of the city lots are non flood plain lots that have been built on previously. even if they were you can build above the flood plain and pull it out of the flood plain once it is constructed depending on the parcel