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15 July 2021 | 3 replies
Is it a common practice for the property mgr to NOT be in attendance when a loan appraiser does a walk-through of a rented property?
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18 July 2021 | 8 replies
What's most interesting to me, if you look at the chart below, is that even as inventory climbed this Spring and into Summer, the Average Days on Market dropped.Those numbers are for single-family homes, and you're looking at multifamilies, but I could probably show similar stats for multis in NH.Given that it's a supply-demand squeeze and not some distortion in the market (like easy credit), I only see two reasons the market will really shift: a decrease in demand, and an increase in supply.The shortest route to decreased demand would be a rise in interest rates.
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18 October 2021 | 53 replies
Another good thing about this market is you don't have to deal with frozen pipes that burst, a common issue in colder markets!
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15 July 2021 | 4 replies
Multi family if the pieces are in place and the opportunity arises.
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15 July 2021 | 8 replies
Some other costs you need to consider which are commonly missed from turnkey proformas - turnover/rent ready costs, "hidden" property manager costs, closing costs, and lawn care/utilities/pest control/hazard insurance (if applicable).
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26 July 2021 | 5 replies
@Nate Lee In a normal real estate market or even a buyer's market, FHA loans (203b & 203k) are very commonly accepted.
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15 July 2021 | 2 replies
MOST IMPORTANTLY, do not be afraid to tell your lender about challenges or road bumps that arise.
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16 July 2021 | 1 reply
MOST IMPORTANTLY, do not be afraid to tell your lender about challenges or road bumps that arise.
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15 July 2021 | 2 replies
MOST IMPORTANTLY, do not be afraid to tell your lender about challenges or road bumps that arise.