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16 May 2024 | 5 replies
For cost effectiveness we are using Citizens but he has several options to choose from.
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20 May 2024 | 35 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
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19 May 2024 | 4 replies
Money is made on the margin aka the cost of money to you versus what return you can get from using that money.
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19 May 2024 | 15 replies
It looks like a less labor intensive way to increase cash flow over the STR route but also includes structural changes to a single family home (additional setup costs) and dealing with low income tenants.
19 May 2024 | 2 replies
Usually investment properties will want a 20-30% down payment in addition to closing costs, so it's not going to be a good idea in your current state.
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19 May 2024 | 13 replies
I would be happy to share some of my strategies at NO COST to those that are interested in connecting.
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20 May 2024 | 6 replies
Then the issue was resolved,but then it went to attorney costs and a record on her name in the county that she didn't pay the HOA.
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17 May 2024 | 1 reply
It seems legislation effecting real estate investors is changing by the minute here in Colorado.
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20 May 2024 | 21 replies
A contractor should be able to put together a box in about 15 minutes each...I would say a days worth of labor ($400) needs to be factored into the cost for a RTA kitchen if you really want to compare apples-to-apples to a pre-assembled cabinet.
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21 May 2024 | 48 replies
This is because of less vacancy/turnover, rents increased much faster, less tenant damage, less maintenance and repair costs, and most important of all MUCH higher appreciation due to being in more desirable areas that actually improved instead of staying stagnant like many S8 areas.