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30 April 2024 | 4 replies
Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.
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29 April 2024 | 10 replies
You're right, lots of depressed rental rates right now and I see cranes everywhere so that supply will likely hit in the next 12-18 months.
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29 April 2024 | 64 replies
Hello Everyone,So it was brought to my attention that this conversation was going on about me and my program.
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1 May 2024 | 14 replies
You want to make sure whoever you go with has excellent ratings and is able to stand behind their policies, especially in the event of a major catastrophe.
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30 April 2024 | 5 replies
HOWEVER, you pay a higher rate to do that, you are obviously financing more which also increases your payment.
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29 April 2024 | 5 replies
I thought it would be valuable to kick off a discussion about the latest economic headlines and their impacts on our strategies.1️⃣ Interest Rates on the Move: With recent fluctuations in interest rates, how are you adjusting your financing strategies for acquisitions and holding properties?
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30 April 2024 | 12 replies
It's an inexpensive market, but don't fall for cheap opportunities that look good on paper and details left out concerning the location and the vacancy rate.
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29 April 2024 | 12 replies
Asking 1M but I'm thinking 800-900K, thanks ok, then that would work for 30 year fixed programs in that same rate range.
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30 April 2024 | 14 replies
My hourly rate is very low, and I make most of my income from over time.
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30 April 2024 | 6 replies
Why I Love Student HousingRent Premium - Students will typically pay 40-50% more in rental income than market rate housing.