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1 July 2024 | 21 replies
$35K to rehab a 2019 built home.
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30 June 2024 | 7 replies
Also, what are you main reasons for looking to STF in Rockford, not knocking the area by any means but there is so much opportunity within the city limits where you're less likely to have extended vacancies.Short term rentals have taken a beating this year, while long term rentals have seen an uptick in what they can charge due to high home prices, and inflated interest rates.
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30 June 2024 | 3 replies
We are super excited and in the process of purchasing a home to turn into residential assisted living space which our community desperately needs.
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30 June 2024 | 5 replies
A recent Zillow survey showed that more than 4 out of 5 prospective home buyers consider climate risks as they shop.
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30 June 2024 | 0 replies
If you do not apply by today and you are going to use your home/cabin as an overnight rental, you will be required to bring it up to current building codes.
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1 July 2024 | 18 replies
A 4 bedroom unit would be in the $100K range.This means I'm looking for older homes in the older parts of the city.The buildings may be more rundown and need some extra maintenance but it makes it easier for me to get cashflow out of them.Your approach should always be to find deals, offer 15-20% under asking price, be prepared to negotiate, and lean on your team of experts for the heavy lifting.
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1 July 2024 | 22 replies
For the first 12 months only 25% of the debt is counted towards the DTI, after 12 months none of it counts towards their DTI.If someone is desperate enough to sell their home sub-to, chances are good that they aren't buying a new property within a year anyway.
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1 July 2024 | 13 replies
Which may come in to play if your finally 1031 rental property turns out not to make a good rental but an ideal retirement home for yourself, eventually.
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30 June 2024 | 11 replies
In my area, an average-sized home will cost around $6,000 - $7000