Mike K.
Residential Leases - 30 day vs 1 year
2 April 2024 | 1 reply
How does rental period impact time it takes to evict nonperforming tenants?
Ayyoub Feza
12 months vs 18months lease
4 April 2024 | 15 replies
The other considerations noted by other posters are valid, but when you weigh them against the high risk of extended vacancy, ending at the beginning of winter is to be avoided at all costs. 2 months of added vacancy is a 16.6% loss to annual income.
Wyatt Johnson
New Richmond WI Area
4 April 2024 | 5 replies
I am wondering with what high population growth with this town and the area around it if it is a good start to purchase a townhome that I would be renting out.If needed any town within a 100 mile radius of there I can venture out to.Thank you!!
Armand P.
Private money lender
4 April 2024 | 5 replies
Sorry, but with so many questions, this scenario stinks to high heaven.You will be lending in second position at best.
Fulton Recepcion
Private Lenders without money down
4 April 2024 | 11 replies
Then the lender will borrow you the $200k at a very high rate hoping you fail to make payments.
Colby Valladares
Being a landlord in Washington State!
3 April 2024 | 29 replies
While it would impact some business plans more than others, its probably possible to function with 5-10% a year rent increases allowed and vacancy decontrol, but if we get the more extreme variety like what the far left wants (inflation or less for increases, no vacancy decontrol, etc) it will be bad.
Himmy Kats
New Real Estate Investor
4 April 2024 | 8 replies
Any advice would be highly appreciated along with some general contacts for property management.
Dennis O'Loughlin
Section 8 pitfalls?
4 April 2024 | 16 replies
It's what they post as FMR, but it's not necessarily a reflection of what you are going to get, I completely agree with you.For fun, I went on rentometer.com because it usually shows good example, and for houses specifically, here's the numbers:1 – 4 Bed Summary1 bed2 bed3 bed4 bedAverage Rent$1,139 ±9%$1,735 ±5%$2,281 ±5%$2,892 ±12%Median Rent$1,000$1,750$2,000$2,67525th – 75th Percentile$901 – 1,376$1,319 – 2,150$1,681 – 2,881$1,987 – 3,79710th – 90th Percentile$687 – 1,590$945 – 2,524$1,142 – 3,420$1,173 – 4,610Standard Deviation$353$616$889$1,341Sample Size11596314Search Radius3.0 mi3.0 mi3.0 mi3.0 miIf would actually like to chat one on one with you to understand why all the FMR are so high in rentometer.com, zillow.com, huduser.gov, CHMA's website and you are telling me they are far from these numbers.
Lucy Yen
Brand New real estate investor
4 April 2024 | 16 replies
For example, cash flow might benefit from areas with high rental demand, while appreciation might be better in growing markets.4.
Bianca Pourmussa
Section 8 Relationship to Home Value
2 April 2024 | 3 replies
Hi Bianca.I can't imaginge it impacting the value of the house up or down, but if you have a section 8 tenant in place when you are ready to sell you may scare off some potential buyers who prefer not to deal with the program.