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5 July 2024 | 0 replies
I predominately work with out of state investors looking for cash flowing rental property in our market.
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5 July 2024 | 11 replies
I wouldn't invest in an area just because you have a child going to school nearby.They will only be in school for a couple of years and then you have a rental 100%Who will be managing the property - Will it be you or will it be your child?
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2 July 2024 | 10 replies
Ohio, however is a hybrid state offering tax deeds and certificates (I saw online that only the counties with populations > 200,000 offer the lien certificates).So, my question is: Does any one know of any resources that are more specific than what I've come across...that provide detailed information of specific counties or states (as opposed to just general information, or sales pitches for classes that cost $1000's)?
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5 July 2024 | 3 replies
Have you confirmed you can use this loan on rentals?
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5 July 2024 | 7 replies
We had to buy a new fridge for our rental property, which cost about $1000.
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1 July 2024 | 2 replies
The monthly rental of a home should be 2% of the home purchase price.
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4 July 2024 | 8 replies
after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!
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8 July 2024 | 21 replies
Thanks to our rise in equity, last year I refi’d our house out (just rate and term-no cash out) into a conventional 30-year with the same 2.75% interest rate, so that my VA entitlement could be fully restored as we don’t plan to live here forever, and could then use it on our future primary residence, while keeping this one as a rental.
5 July 2024 | 6 replies
Creating an LLC in NY is a hassle - all sorts of nonsense about publishing in newspapers for 6 weeks, etc.I tried to research what it would take to own and operate a rental property in NY with a different state LLC.
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5 July 2024 | 2 replies
The 1% is meant to represent a point where the rental is likely to just barely generate some positive cash-flow.