1 October 2020 | 0 replies
I've found this to be very helpful analyzing comparables, taking a zip code and determining what your rental income can demand based off rental criteria.
1 October 2020 | 0 replies
MLS. offered above asking given the competitive market. haven't seen a comparable duplex listed this low since this one.
5 October 2020 | 11 replies
That way you can compare rates/fees against each other.
2 October 2020 | 1 reply
In most cases, the math will pan out that those higher costs are nothing compared to what a lower rate will save you in the long term.
23 January 2021 | 12 replies
(Compared to my hometown here in Phoenix everything in the Midwest is affordable lol) I've already called a realtor about a couple properties in Mason and they already had offers on them.
9 October 2020 | 5 replies
Some of the parks have an internal, almost built-in marketing system for properties that I would carefully evaluate for comparables, etc.
7 October 2020 | 7 replies
@Lawrence ChenThe first step I’d do is write down your goals and expectations for an investment - what cash flow do you want, how much time do you want to spend, what condition of home, what about a market attracts you, etc.Then once you have a better idea that, I’d recommend to start reaching out to agents who are also investors so you can learn how the local markets are operating and how the on-market MLS compares to off-market deals.Overall, the Midwest is great.
4 October 2020 | 10 replies
In Chicago management cost get higher the rougher the area and in nice areas it can be very low compared to the rest of US prices.
3 October 2020 | 3 replies
If you want to figure out whether you're looking at a good potential value add opportunity, you need to evaluate the physical condition of the property and comparable properties.
5 October 2020 | 20 replies
We often see a 3 unit (1 commercial, 2 residential) selling for less than a comparable duplex and if the residential square footage is greater than 50% of the property you can still qualify for residential financing, which most people don't realize.