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16 May 2024 | 74 replies
How are the occupancy rates?
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15 May 2024 | 23 replies
If you do not already own your primary residence, then it will be easier for you to get a loan with low to no money down with a better rate for that then it would be for another property.
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16 May 2024 | 5 replies
Always increase your vacancy rate and capex amounts when you're buying property with tenants in place.
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15 May 2024 | 3 replies
Same reason why advisor fees inside of an IRA are not tax deductible.
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15 May 2024 | 6 replies
In NYC transactions, property taxes are pro-rated and sellers + buyers pay for the portion they're responsible for (depending on the calendar schedule of the county + closing date).
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15 May 2024 | 9 replies
Its just so hard in the current environment to get any cash flow with SFR (unless you bought when rates were lower or are doing a well-executed BRRRR).
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15 May 2024 | 35 replies
I mean… Would we even get THAT much more in the end with a realtor, given that (as I understand it), most investors pay all closing costs and we wouldn’t have to pay a realtor fee?
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15 May 2024 | 2 replies
@Joey Gedgaud we take over a lot of properties where owner complains previous PMC:1) Poor communication, taking many days, sometimes weeks, to get a response.2) Maintenance work being done without notice or approval request.3) Surprises for extra fees, services not covered , etc. because the management contract was "simple & short" instead of thorough.
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15 May 2024 | 15 replies
So I was thinking of a $100 increase to cover the $50 mtg rate increase plus $50 to get close to market price.
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15 May 2024 | 17 replies
We have also had, historically, a 5%-ish difference in rent rates when renting out in December and January as opposed to other months.