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27 April 2018 | 2 replies
It would cashflow and is huge and big has potential Purchase would be $16,000 buying as is. 5 bedroom 2.5 baths sold as is needs work and cleaned out. thinking $10-15k repairs to make it rent.
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28 August 2018 | 59 replies
Turnover is expensive- repainting, cleaning, possibly a month or two of vacancy, paying an agent to rent it(or spending your own time showing it,) and so on.
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30 April 2018 | 6 replies
Ensure that your homes are clean, have fresh paint jobs, no funny smells, and have electricity/heat.
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27 April 2018 | 3 replies
If you have any additional non-owner occ assets you may be able to get a portfolio loan.
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1 May 2018 | 28 replies
Rents are running about 1.4% for SFRs in some areas and these are good clean houses.
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30 April 2018 | 15 replies
If you are heavy into non-performing that portfolio management % will go up.
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15 May 2018 | 26 replies
It's not pretty to model a 150 basis point increase in cap rates but the returns remain better than idle cash and certainly better than what will happen in non-real estate asset classes if that happens.
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28 April 2018 | 2 replies
If property is investment, look for a non owner occupied private money, commercial loan.
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28 April 2018 | 13 replies
Best use case for a “furnished” rental for our market is a 28-38 non-parent professional who travels a lot and needs it set up for the 10 days a month they are actually home.