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6 June 2024 | 3 replies
The townhome has appreciated in value to about $350k (per Zillow and RedFin) over the few years I’ve owned it, so estimating $150k in equity, about 45:55 self to bank equity ownership.The townhome now has a leak that has lingered and gotten worse over the few months waiting for an insurance claim decision, ultimately being denied coverage so now I’m stuck with having to cover the entire expense.I’m also considering selling the property once it is fixed so I can take the funds from this 1 single family property in Houston to apply towards funding a possible multi-family property in Austin, TX.The quotes to fix are around $15k-$20k, which I’m not excited to just pay out of pocket, nor do I think I really can at this point in time.
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5 June 2024 | 3 replies
BP lenders by and large are fine but they but a small fraction of lenders out there.. the lenders on BP have to pay to be there..
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6 June 2024 | 5 replies
Depending on location they can cost a lot to replace but when you factor in what you save from paying sewer bills it’s cheaper in long run.It would not stop me from buying a house
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6 June 2024 | 8 replies
Most people prefer to buy and the past year rents are priced much higher then people want to pay.
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6 June 2024 | 19 replies
The additional savings exponentially pays for the small additional cost of a quality report. 3.
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5 June 2024 | 16 replies
What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns?
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6 June 2024 | 6 replies
Now you need to figure out how to find deals and pay for them.
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5 June 2024 | 11 replies
It has separate power (zoned commercial) and the rate I pay is cheaper than the main house.
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5 June 2024 | 1 reply
The exiting tenants had 2 dogs and did pay a pet fee.
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5 June 2024 | 10 replies
Property owners won't know that going into it, but they are lured in by low fees.The old saying is true: you get what you pay for, not to say that all PM companies that charge "high" will do a good job, but I feel confident in saying that if you are paying very little for services, you will get very little in return.Best wishes!