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5 June 2024 | 10 replies
I have allocated $250,000 in savings specifically for investments, aiming for a conservative down payment of 3.5% to 5%, depending on the deal and financing terms.I am planning a visit to Florida in June to scout properties and gain a deeper understanding of Tampa's neighborhoods, including the greater tampa area.
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7 June 2024 | 7 replies
Property management companies have their own standard lease they use and Realtors will use the owners specific or generic state lease depending on what the owner wants.
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6 June 2024 | 2 replies
Depending on the codes you may have to install tie downs (that might be included in your set up fee from the mover).
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5 June 2024 | 24 replies
I've got a 500 self-storage under contract.My analysis is 46.5% ROI before debt service. 34% ROI after debt service.ROI is dependent largely on financing in my opinion more than the actual financials of the property.
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6 June 2024 | 12 replies
They are running a business and need to figure out their rates on their own.
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7 June 2024 | 17 replies
Depending on their level of addiction it may not be worth it.
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6 June 2024 | 3 replies
I find the larger houses are more difficult to find good market rate comparable rents and they will likely attract applicants that bring more wear and tear.
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6 June 2024 | 3 replies
You can get high night rates during football season and holidays, but outside of that they drop rates below $100/night to minimize vacancies.
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6 June 2024 | 23 replies
Appraisals are subjective and don't necessarily reflect what a similar property could be purchased for if you're looking hard enough or if you have the ability to pay all cash and depends on how motivated the seller is and also the venue you are purchasing from or way you are obtaining title
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4 June 2024 | 9 replies
You should keep a 10-20% margin per clean depending on the market.