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28 March 2024 | 8 replies
There's pockets all over the greater Tampa Bay Area that are B class and up but balancing that with a decent cap rate is going to be tricky unless you either have low cap rate expectations or are will to do value add to the property or being more creative such as using a short or midterm rental strategy or even room by room with padsplit.2) Verify as well the 1031 is going to allow "like for like" into a single family.
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28 March 2024 | 11 replies
What are the top 5 zip codes in Columbus, OH with the highest rental cash flow, lowest turnover/vacancies, lowest crime rates, great schools, and great employers for residential 2-4 unit single-family home neighborhoods?
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28 March 2024 | 6 replies
It would be seen as a rate and term transaction, and your client would have to pay lender fees, third party fees and escrows.
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29 March 2024 | 13 replies
Stay updated on market dynamics, interest rates, and economic indicators that can impact real estate investments.Set Goals and Take Action: Define your short-term and long-term goals as a real estate investor and create a plan to achieve them.
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28 March 2024 | 35 replies
I also totally agree with what you said about response rates varying by market.
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29 March 2024 | 3 replies
We are now upon April 2024, and at the rate things have been going, still have a ways to go (finish ducting for forced hot air, insulation, sheet rock, paint, flooring, kitchens, bathrooms, finishes, and anything I am missing to bring the units to whole).
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28 March 2024 | 27 replies
You are estimating using financing at today's rates, BUT over time you will likely be able to refinance to a lower rate.
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27 March 2024 | 11 replies
For an example of what I'm concerned with : My tenants are actually really good, but right now I have an issue where a friend of a tenant literally just drops trash out the window!!!
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28 March 2024 | 4 replies
You could partner and offer a preferred equity position (i.e. payment of a set interest rate on a monthly basis + some type of fixed annualized return when you either refi or sell).But with either option, which are your most realistic options for this deal, you will have to show some significant upside.
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28 March 2024 | 4 replies
It looks like there are about 1,200 listings in the "Village of Four Seasons" section near the Bagnell Dam.The entire area rates really low for seasonality, so you may consider how much a week in the summer will actually cost you if that's your "break-even" time.Happy to give you more data if you're eyeing a specific property or ZIP code.