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28 September 2024 | 2 replies
Rates are starting to drop fairly fast and for primary homes they are already down 1.25% from earlier this year.
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30 September 2024 | 10 replies
Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs.
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30 September 2024 | 46 replies
We often get a reply like "Everything's great but the coffee maker isn't working" which gives us a chance to have a new one dropped off and get ahead of any issues.We also provide toiletries and basic cooking needs to all guests.
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30 September 2024 | 16 replies
With prices where they're at and rates still relatively high (even with the recent drops), I don't see LTRs anywhere in Colorado cash-flowing in a meaningful way.
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27 September 2024 | 0 replies
This means homes are still holding strong value, and buyers are willing to invest in the right property.Although cash sales dipped slightly, with 41.0% of transactions paid in cash (a 4.2% drop), more buyers are opting for financing.
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1 October 2024 | 26 replies
IMO drop it.
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30 September 2024 | 10 replies
Some Communities are buttoned-up and intimidating and others are more about sharing and educating - it's critical to find a network that is comfortable for you.If you are planning on investing in even one deal a year, the cost of the membership is likely a drop in the bucket compared with the capital you will commit when investing.
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28 September 2024 | 8 replies
Key for todays market is knowing your strategy with ultra detailed methodical planning, supported by solid data for viability, master of analysis, and action ready on the drop of a dime.
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27 September 2024 | 40 replies
The LTV ratio also dropped to 70% from the original quote which was 75%, which impacts the cash-out amount.
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27 September 2024 | 8 replies
To be honest DSCR rates have dropped significantly over the last 3 weeks.