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8 May 2024 | 33 replies
I think they do a lot of work in high rise buildings where clearing a line affects 20 units at a time.
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9 May 2024 | 20 replies
I do, I want higher quality people and lots of people are moving to Austin
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10 May 2024 | 7 replies
There is also a large restaurant company here that I have been told needs rentals for a shorter term but pays very well to house staff that they bring in from out of town to work for them during high season.
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9 May 2024 | 4 replies
Without detail, appraisers will tend to assume low-medium quality of materials finishes and the like.
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10 May 2024 | 30 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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8 May 2024 | 0 replies
I found this deal on the MLS and used tools such as inspection and appraisals to bargain a few thousand off of the loan.
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9 May 2024 | 2 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
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7 May 2024 | 19 replies
Additionally, explore technology tools that streamline remote property management tasks, such as online rent collection platforms and smart home systems for monitoring.
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10 May 2024 | 4 replies
price $124k it’s in a resort, highly sought after especially in summer season.