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24 June 2024 | 3 replies
My understanding in Maryland the seller provides the buyer with a copy of the COA papers at least 21 days prior to settlement and you have up to 7 days to review and pull out of the contract if you don't agree to the terms.
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25 June 2024 | 17 replies
So know your own numbers and never depend on wholesalers to provide accurate repair costs or ARVs.
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22 June 2024 | 7 replies
For context, I do have a decent grasp on the real estate market and financing as I have been a mortgage loan officer for 4 years now.
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23 June 2024 | 4 replies
The computer algorithms provided by Zillow, Rentometer, and others are good for reviewing a general market, but you shouldn't rely on them to evaluate a specific house.
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24 June 2024 | 6 replies
I would provide a physical copy, email, and even a text/pic for the lease violation.
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24 June 2024 | 10 replies
You'll also need to set up a contract with a credit provider.
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24 June 2024 | 9 replies
Vacancy rates:The overall office vacancy rate in Tampa is 9.4%, which is below the national average of about 13%.For residential properties, the homeowner vacancy rate is 1.0% and the rental vacancy rate is 4.2% in the 33619 zip code.Days on market:Specific data on days on market wasn't provided for Tampa overall, but the median days on market for homes is 89 days according to one source.Promising areas:The Westshore and Downtown Tampa submarkets have seen increased occupancy, with an uptick of 175,000 square feet over the past year.The Westshore submarket has seen its vacancy rate drop by 100 basis points year over year to 12.5%, hitting a four-year low.Rental property insights:Tampa has a high percentage of renters, with 53% of the population renting rather than owning homes.The median rent price in Tampa is $2,941.Market trends:Tampa's real estate market has seen strong appreciation, with a total appreciation of 129.39% since Q1 2000, at an average annual rate of 4.41%.The city is experiencing population growth and an influx of young, educated professionals due to increasing employment opportunities.Regarding your interest in a brand new construction SFR with live and work usage, this could be a promising investment given Tampa's growing population and the trend of people seeking to live close to their workplaces.
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23 June 2024 | 13 replies
Would you provide the address to this kind of inquiry?
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24 June 2024 | 11 replies
I hoped Philly would provide a blend of both and it hasn't.
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23 June 2024 | 3 replies
Otherwise a typical DSCR loan based on market long term rents should be sufficient to qualify?