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6 May 2024 | 4 replies
Hey @Viji Pamudurthy you can definitely feel free to share where the property is located and more details and we can provide more commentary.
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6 May 2024 | 6 replies
I would require renters insurance and make it easy for them to purchase providing online options and suggestions to add to their car insurance, etc.
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6 May 2024 | 10 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF showed a slight drop MoM, which is surprising considering the decreasing rental inventory and time to rent.
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6 May 2024 | 1 reply
The breakdown of costs you've provided is insightful.
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6 May 2024 | 27 replies
.), as well as previous two months of bank statements / investment accounts, whichever they'd like to provide (can they pay rent if they lost their job?).
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4 May 2024 | 12 replies
If you make $15-$20/hr working an extra 2 hours per day that could be an extra $200/wk or $800/mo. $800/mo can get you a $100k mortgage.
6 May 2024 | 8 replies
Provide Ample Notice: Regardless of legal minimums, giving your tenants more notice than required can help maintain a good relationship and give them ample time to find new housing.4.
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6 May 2024 | 5 replies
They were able to help me find some pretty good deals that have provided some great returns as the years have progressed.
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6 May 2024 | 10 replies
You will also need a good real estate attorney that can advise you on deals, a good CPA that knows the details about investment real estate, insurance agent, and contractors who can provide you bids on work that needs to be done on the properties you look at.
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4 May 2024 | 11 replies
I disclosed to my lender that the Wholesaler was making 5k so then it made me look like I was lying to my lender when the HUD clearly showed the Wholesaler was making 15 KI recently had another transaction where a Wholesaler renegotiated a lower price after the fact.I’m assuming that where the wholesalers have that ability to make that extra is that they are naming the price that the buyer is willing to pay and not necessarily naming the dollar amount that they are assigning their contract for so this gives them the leeway to keep trying to get a lower price from the original seller, even after the fact of going through the motions of transferring their rights to the property to a new buyer.