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21 August 2021 | 6 replies
another big "it depends" item is washer and dryer connections, not having that will make the property a very sub-par-dated property for example. at the end of the day, the biggest driver is:its rental income and cost of management and if tenants are good payerscost of maintenanceand in Texas (lots of places in Texas experience this), an appraisal district can torpedo local sales prices by harassing us very high values, making more owners want to sell and get the hell away from them.. many taxing authorities net more off an apartment property than some of the apartment owners around here... just saying that is a real factor you have to consider always but often over lookedand insurance, we got hurricanes really screwing us over on insurance, that will drive down values too
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25 August 2021 | 9 replies
It sometimes requires specific internet browsers (Firefox, not Safari) and the phone app isn't as clean either.
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20 August 2021 | 1 reply
Maintenance, small repairs, consumables Internet: $100 / month?
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21 August 2021 | 5 replies
Both properties are on the Colorado Front Range.1bd/1bath CondoValue - $300,000Principal Balance - $80,000Current Rent - $1,200HOA - $180Taxes - $1641Cash Flow - $100/monthTenant Lease End Date - March 20223bd/2bath House Value - $465,000-$500,000Principal Balance - $278,400No HOATaxes - $2,345I feel like the 1031 on the condo would be the most advantageous route, especially since the property doesn't cash flow much and a refi would cause me to break even or maybe even go negative, but understand from some of the BP books that there's limited time to identify and buy properties that route.
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24 August 2021 | 13 replies
Lurkers, this is the sort of thing you plan out with your LO ahead of time, in great detail. https://selling-guide.fanniema...Cash out refinance...Eligibility requirements...The property must have been purchased (or acquired) by at least one borrower no less than six months prior to the disbursement date of the new mortgage loan except for the following:There is no waiting period if the lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (divorce, separation, or dissolution of a domestic partnership).The delayed financing requirements are met.
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24 August 2021 | 1 reply
Hello,What websites do you guys use to find the following homeowner information…1) email 2) name 3) age4) date home purchased5) outstanding loan amounts against house 6) phone number Hopefully a service out there that doesn’t break the bank!
21 August 2021 | 0 replies
The DBPR has rejected my experience submissions 6 times, dating back to April, citing that the certification of license history that I submitted was insufficient (although it came from Maine's RE Commission).
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22 August 2021 | 2 replies
With so many options on the internet, I was wondering what is the best site to use to screen a tenant?
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22 August 2021 | 3 replies
Take a video of the entire walk through ; narrate date and time, address, reason for video, and shoot your cell phone or a newspaper showing date and time.
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23 August 2021 | 10 replies
I was living in the ATL market and people would pay 200-400 more per month for granite counters and stainless, more up to date units.3.