26 June 2024 | 4 replies
Even if newer buildings can't price rents as low as yours, they might offer amenities or modern designs that attract potential tenants.Local Economic Factors: Consider local employment rates, major employers relocating, or any changes in the local economy that might impact rental demand.2.
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27 June 2024 | 28 replies
I understand the costs involved with companies like RealQuest, titlepro, dealing direct with counties.
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25 June 2024 | 51 replies
Beware that if the loan amount you need is very low ( sub 70K ) - there are many lenders that cant/ wont be able to do the loan .
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25 June 2024 | 4 replies
Properties in this location may vary in age and upkeep, impacting maintenance costs and potential rental income.
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27 June 2024 | 8 replies
If no one has already run them buy a lawyer here in Georgia, would anyone be interested in splitting the cost to do so?
27 June 2024 | 2 replies
Its a very costly mistake to get wrong!
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25 June 2024 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
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26 June 2024 | 5 replies
Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.
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27 June 2024 | 11 replies
Due to high costs in San Diego, I would likely have about $2500-$3k month negative cash flow even with renting out the rooms/house.
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27 June 2024 | 7 replies
Good credit score (800+) but low income ($70k)Candidate 2: Family of 5 (3 kids) with a business + a smaller dog (40 lbs bulldog) and ok credit (680+) but higher income ($130k) than other candidate.