Ryan Fox
Form an LLC to manage property for first rental unit?
22 June 2024 | 8 replies
I've never had any lawsuit threats over 20 years.
Matthew Wright
Rental Application fee
24 June 2024 | 10 replies
I think we charge about $50 per application for every person over 18 years old.
Batin Apalan
Goals Goals Goals !!
22 June 2024 | 2 replies
Spending less time working and more time with family, feels great.
Kinnari Pandya
Tampa For Real Estate Investment?
24 June 2024 | 9 replies
Vacancy rates:The overall office vacancy rate in Tampa is 9.4%, which is below the national average of about 13%.For residential properties, the homeowner vacancy rate is 1.0% and the rental vacancy rate is 4.2% in the 33619 zip code.Days on market:Specific data on days on market wasn't provided for Tampa overall, but the median days on market for homes is 89 days according to one source.Promising areas:The Westshore and Downtown Tampa submarkets have seen increased occupancy, with an uptick of 175,000 square feet over the past year.The Westshore submarket has seen its vacancy rate drop by 100 basis points year over year to 12.5%, hitting a four-year low.Rental property insights:Tampa has a high percentage of renters, with 53% of the population renting rather than owning homes.The median rent price in Tampa is $2,941.Market trends:Tampa's real estate market has seen strong appreciation, with a total appreciation of 129.39% since Q1 2000, at an average annual rate of 4.41%.The city is experiencing population growth and an influx of young, educated professionals due to increasing employment opportunities.Regarding your interest in a brand new construction SFR with live and work usage, this could be a promising investment given Tampa's growing population and the trend of people seeking to live close to their workplaces.
AJ Wong
How to finance multifamily 5-8 units without income: Common terms and guidelines
24 June 2024 | 4 replies
Terms are typically amortized over 30 years with an interest only option for the first ten.
David Pittman
Becoming a Mortgage lender
25 June 2024 | 4 replies
I'm deliberately keeping things overly simple here because secondary market ops and fixed income pricing can get complicated quickly.
Jared Schott
Long Term Rental by assuming loan; risky idea?
24 June 2024 | 3 replies
This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan is 310,000 at a 2.75% rate. so, if I did 590,000-310,000 I would have to come up with 280,000.
Brandon Williamson
Does anyone have experience with Loan Exchange ?
24 June 2024 | 1 reply
I am a loan officer licensed all over the country, feel free to message me with questions.Have a great day!
David Louthan
Buying a Tri-plex with under Market Rents
24 June 2024 | 5 replies
The contracts all end at different times over the next four months.2.
James De Stefano
Here's what 2 months of estimates and work looks like for Foundation Repair & floors
24 June 2024 | 2 replies
our 3 big oak trees slowly and surely did damage over time, so that's being done soon for about $3000.