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3 May 2024 | 23 replies
"Regentrification" to me is when a City, Mayor's Devenlopment Council, offers Tax breaks etc. for Builders to build "affordable housing" in the run down neighborhoods where I would never want to own anything.
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3 May 2024 | 12 replies
Example belowwe found a house for 900 a month rent Asking price was 59900. taxes 1400, insurance 800, renovation budget 25k mostly cosmetic and minor fixeswe went into it expecting a 15% return on our cash out that gave us a expected cash out loan around 75k to get our 1.4 dscr When we plugged our numbers we could go over 47k on our offer to make the deal work we offered 43 and got counter 47,5 we took the deal assume a slightly lower 1.38 dscrthe key is to scale and be selective on tenants AND not allowing pets (you can offer them but suggest crazy fees to cover yourself) 500 pet fee, 25 a month per pet etc.
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3 May 2024 | 3 replies
Social media and online marketing - we signed up with our web developer for a service she began offering early last year where you pay a monthly fee for continuous SEO, including updates on social media, etc.
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30 April 2024 | 0 replies
Does anyone know of any organizations/charities that offer rental assistance in Montgomery County, Maryland?
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2 May 2024 | 12 replies
That's actually extremely good for Canada..
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2 May 2024 | 10 replies
Swinging in these cities are big costs and extremely high risk.
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3 May 2024 | 2 replies
I'd recommend offering something such as being a bird-dog, or something with value.
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3 May 2024 | 7 replies
He's an investor and broker in the capital region and has a lot of insight to offer.
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2 May 2024 | 3 replies
You would make whatever offer you want to the trustee, who passes it on to the beneficiaries, usually without comment.
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2 May 2024 | 12 replies
Once they realized what happened they lawyered up this was a extremely valuable property we paid almost 200k for it in the early 80s which was a monster sum in those days for a tax sale.. the chances of this happening again are remote and like I said very few improved properties ever sell .. so unless your talking about putting a well and or septic on a property I would not worry about improving them.. or having the sale over turned etc. its the title companies that just dont want to take the risk on these for any any reason..