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18 September 2024 | 67 replies
I would imagine results may vary based on your region.
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14 September 2024 | 4 replies
A few deals fell through because of varies reasons, but ultimately we had tons of action on the houses and eventually found the perfect buyer.
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16 September 2024 | 13 replies
However, the specifics can vary by lender.DSCR's are designed to accommodate various investment scenarios, so they can be quite flexible with terms and will typically have slightly higher interest rates compared to traditional loans and might require a larger down payment.
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17 September 2024 | 26 replies
As I said, this varies from state to state.
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14 September 2024 | 12 replies
Yes, it is true that those vary from block to block.
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20 September 2024 | 73 replies
I do this because I know all the varies things that can go wrong in my market, all the little laws and nuances that can make big dollar differences that Im aware of and take advantage of daily.....things like those exist in those other markets where I have limited real estate and legal knowledge.I'll use this as an easy example, as it is a mistake I see lay people and poorly trained agents in my market make all the time.
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15 September 2024 | 15 replies
Rental Value Increase: While exact rental increases can vary depending on the market, adding a 1/2 bath could allow you to charge a higher rent, possibly by $50-$100 per month or more, depending on tenant demand.
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13 September 2024 | 4 replies
The inspection requirements can vary, but properties usually need to meet their safety and livability standards.
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11 September 2024 | 1 reply
Hello all,I am currently pursuing a Master’s degree in International Real Estate and have 17 years of experience in the construction industry in my home country.
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.