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19 May 2024 | 11 replies
Article 3 is about possession, and all the details and issues related to possession, which is clearly granted as soon as the tax certificate is issued.I think the confusion comes because of 40-10-82 and the short statute of limitations, which addresses only the judicial redemption time period.
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20 May 2024 | 20 replies
I will give you some of my highlights.People in Texas complain about their property taxes at 3% ours are about 4.5%.New York in general and Monroe county specifically are very tenant friendly.Depending on the town, the code inspectors/police can be quite anal.Since Covid and the 2020 protests we’ve seen an increase in crime in the city and therefore weakening demand in the city proper and increasing demand for the suburbs.Industry is well diversified—University of Rochester (medicine) L3Harris (defense) xerox (IT) and paychex (software/hr)) and relatively recession proof.Population growth is low and therefore appreciation (except the past 4 years) has been moderate as well.There aren’t many builders in the area so supply is relatively fixed.Home (and rent) prices are both affordable with homes typically being less than 1/3 median household income and rent being similarly affordable.For single family homes at 8% rent will cover piti with about 100$ to spare in the A areas.
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21 May 2024 | 58 replies
It's a one-day course taught by a lending attorney, fund manager, and a hard money lender.
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18 May 2024 | 10 replies
I'm guessing this is a shared house and she's renting a room in it.For her deposit, I'd only keep whatever expenses are related to clean up and damage.
21 May 2024 | 4 replies
Do your homework, crunch the numbers on potential profits, and seek advice from experts like real estate agents, property managers, and financial consultants to make smart choices.Good luck!
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21 May 2024 | 6 replies
If you decide to go that route, hire an experienced management company and underwrite very conservatively otherwise you could get ruined by high maintenance & turnover costs and potentially evictions.
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20 May 2024 | 16 replies
@Brittany Smith I generally prefer hiring out property management to get the property rented.
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20 May 2024 | 21 replies
Recent related discussion:http://www.biggerpockets.com/forums/67/topics/1552...
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20 May 2024 | 5 replies
Additionally, terms like "houses for rent in Fayetteville NC by private owners" and related searches indicate a lively market for both buying and renting homes.Example listing: 814 Bedrock Dr, Fayetteville, NC 28303 - Purchase Price: $80K814 Bedrock Dr, Fayetteville, NC 28303 | ZillowNearest comps sold in Feb 2024 for $170K with 1,326 sq.ft compared to this property which has 2,220 sq.ft.28304: Given the rapid sales turnaround and price increases across various configurations, a focus on 3 to 5+ bedroom homes could maximize returns, especially targeting larger families or investors in rental properties.Increased searches for "apartments Fayetteville NC 28304" and a noticeable interest in family-oriented housing options, as indicated by terms like "3 bedroom houses for rent Fayetteville NC", support the observed demand for larger living spaces in this zip code.All feedback on my research is welcomed as always :)Have a lovely week!