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5 October 2020 | 5 replies
And their voters who are renters are always going to be louder and much more numerous than we are.The other sad irony is, just like @Adam Martin mentioned, in the long run, they are just setting renters up for escalating prices when they make owning rentals riskier and more onerous with laws that are much too heavily one-sided.As an example, my New Orleans market has been at a crisis level for years with uninhabitable properties.
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3 October 2020 | 2 replies
Any measure, caprate, CoC etc taken in isolation is virtually meaningless; you have to underwrite to a broader level of detail and consider your own criteria and goals.
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8 October 2020 | 17 replies
If there's a significant and highly probable upside with an acceptable level of risk, then go ahead...
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3 October 2020 | 2 replies
Core luxe flooring.Sunporch- Core Luxe flooringSecond floor bedrooms- Core Luxe flooringMain level- sand, stain, poly all floors.Wall Paint- warm gray family. 1 shade darker in bathroom.Trim- pearl whiteCeilings- Coronado flat whiteClosets- flat whiteI’m also going to paint the exterior of the house, what color do you recommend?
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3 October 2020 | 6 replies
JBOn a very high level, for a personal service S Corp, there might be some saving if you don’t pay yourself the entire net income as salary.
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7 October 2020 | 7 replies
If Greenville continues to boom like it has the past 10 years, I suggest any house you buy will prove to be a good investment.My comments are high level broad brush but I believe ultimately true.We can fine tune a little at the margins of your property search.I continue to invest in Greenville and am optimistic about its future.
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20 October 2020 | 12 replies
It’s been a long way with lots of learnings, successes and failures.We now have our own management and repairs team, SOPs and we feel we are ready to take the business to the next level.
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3 October 2020 | 4 replies
If its too long (a lender would have to weigh in), then it may not work depending on the level of "guaranteed W2" income.
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9 October 2020 | 10 replies
We recently refinanced 5 investment properties using Freddie Mac's Loan-Level Price Adjustments.
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4 October 2020 | 15 replies
a lot of agents just send the contract to title company and Duck have no clue how the mechanics work.My Daddys old real estate attorney told me when I was about 10 or 11 he said you want to make money in this business you go learn how title works and how to research at the courthouse, how to find Plat maps that were recorded 100 years ago.. just dive into all the public records its fun and gets you to another level and you are not so beholding on other companies to do this for you its not a money issue its a time and speed issue.