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22 April 2024 | 13 replies
If you don’t mind me asking Job growth and stabilityLimited land to hold value Tourism and revenue incomes streams as a city to gain exposureMilitary bases nearbyResort town/ beach town Commercial businesses coming into the area Tons of gentrification in the area with new construction
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22 April 2024 | 4 replies
Hello,Like many others I am searching for my first investment property (SFR or 2-10 units).
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23 April 2024 | 7 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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22 April 2024 | 6 replies
I would like to find a lender who can approve me based on the property and what it will bring in monthly as a rental rather than on my personal finance and credit.
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23 April 2024 | 21 replies
With the increasing demand for these features, it stands to reason that more and more prospective buyers and tenants will be looking for them when searching for a home or apartment.
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22 April 2024 | 4 replies
Hello,I am searching for short-term rentable condos in Scottsdale.
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24 April 2024 | 49 replies
Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.
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23 April 2024 | 12 replies
I have created my own if you would like me to share mine, you can DM me.Once you can get an idea on your return based on the interest rate and down payment scenarios, I think that will help to decide which is the best option.
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22 April 2024 | 14 replies
Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.
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22 April 2024 | 7 replies
After re-reading Pricelabs' section on their recommended base price not including all the various fees (not just cleaning, but for example, Airbnb's own fees, etc.), I've reformulated the base price to consider all these fees so that it better reflects the total price the guest is paying (independent of taxes).