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16 April 2024 | 7 replies
When analyzing rental rates, vacancy rates, property taxes, and other financial metrics, it's important to consider various factors.
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16 April 2024 | 27 replies
Schools you can look up to find higher rated schools or school districts.
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15 April 2024 | 0 replies
The interest rate has jumped recently.
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15 April 2024 | 10 replies
Thanks Bill, I actually got a better rate on insurance , and rents will go up slightly.
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15 April 2024 | 4 replies
What else should I take into consideration other than rate?
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13 April 2024 | 9 replies
However, the lodging tax is NOT included in this average daily rate.
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15 April 2024 | 5 replies
We chose HELOC instead of refi because we didn't want the rates to change (we got the first property during those golden days of 3% interest).I just recommend making sure the HELOC payment makes sense from a numbers perspective—consider the interest as another "expense" when you're calculating cash flow.
15 April 2024 | 1 reply
My partner and I have an opportunity to buy a home that’s going to be leased to a non-profit, and we anticipate we’ll have the opportunity to do so with many other properties with them.Because of the rental rate we’re able to charge the nonprofit, our cash flow would support a note to our down payment lender at up to 11%, but we’d need a term of 5 years or so on that.
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15 April 2024 | 9 replies
Get the NOI or cap rate.
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15 April 2024 | 6 replies
Does this mean partnering on the deal or just her lending money at points and rates?