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29 May 2024 | 0 replies
Median price: $635,000, +7.99% Yoy.Closed Sales: 2,842, +9.14% Yoy.12 Month Closed Sales: 37,709, -16.26% Yoy.YTD Closed Sales: 9,389, +2.08% Yoy.Inventory: 4,429, +.093% Yoy.YTD Inventory: 15,402, -12.37% Yoy.New Listings: 4,960, +17.67% Yoy!!!!
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30 May 2024 | 15 replies
That's how it is in OH at leastThey are on a lease but according to my realtor the property manager is going away when I close the scrow and I'm taking over the tenants so the realtor suggested to get a new lease from me.
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28 May 2024 | 17 replies
Also try tweaking things like deductible and replacement value to try to get premium lower.
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29 May 2024 | 20 replies
A good manager can increase rents and lower costs therefore increasing profit to cover the pm cost.
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28 May 2024 | 10 replies
It’s right off Lake Mary Rd/I-40. our PITI is lower, 2200, so we only charge them $2600.
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28 May 2024 | 2 replies
The cash flow is usually much lower than the actual return on the asset.
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29 May 2024 | 4 replies
I'm debating to just giving the buyer a discount or money back so that he can address these repairs after closing but I just thought if I did these repairs prior to closing, if that would benefit me tax wise.If I put in a new roof and add a new sewer pipe to the property would that have any tax advantages even though I am selling the property in the same year?
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29 May 2024 | 0 replies
Closing with a backend buyer at $425,000, the deal p How did you find this deal and how did you negotiate it?
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29 May 2024 | 0 replies
Closing with a backend buyer at $425,000, the deal p How did you find this deal and how did you negotiate it?
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30 May 2024 | 5 replies
You could sell and 1031 it into the next property but you'd usually have to time the sale of your existing property and the closing of your new property right.I also wouldn't worry about having central air in the property unless that is essentially a requirement for you to remain competitive with the rest of that market.