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20 August 2024 | 5 replies
After swallowing some lumps thanks to one thread I posted back in April, I should (crossed fingers, no blown furnaces or sheard off roofs) be in a good position next year to reinvest.This is hopefully not a beat the dead horse, "where is the best cash flow in X" post, more of a strategy question for anyone who knows the market in CT.Here is what my limited knowledge/intuition tells me: Waterbury, Bridgeport, parts of Hartford cash flow best because of the inherent risk, lower fairfield county cash flows worst (today) because of NYC effect on price/rent, and there is an in-between SOMEWHERE.I think that somewhere is in the central part of the state between route 8 and 91 north of new haven, east of waterbury.
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14 August 2024 | 11 replies
I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would greatly appreciated.
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16 August 2024 | 19 replies
He also said no.
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16 August 2024 | 19 replies
The other thing...all the loss models are being updated with these events making insurance risk higher which translates into a higher quoted cost...so no surprise to the industry folks.
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14 August 2024 | 1 reply
You have to register, but there is no cost associated with that.
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19 August 2024 | 4 replies
We are selling off our beach properties due to the rising costs of everything beach related, and the aggravation of property management companies.
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14 August 2024 | 3 replies
@Byron KimThere are no good experiences with home warranty companies from my experience from a landlord perspective .
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16 August 2024 | 16 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...High Level --Conventional will typically offer lowest rates/fees but harder to qualify, especially if you are scaling and past the first couple of properties or going for the high-end of the market-2nd Home (10% Down) - should be very careful here - these are not intended for STR properties and people using them for pure investment properties are entering dangerous territory (you are attesting to use it as a rental half the year or less, no management, need to live in proximity, etc.)- DSCR Loans - typically your best bet if you don't quality (or have "outgrown") conventional or looking to scale a portfolio or diving into more specialized markets.
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16 August 2024 | 5 replies
The rate on my mortgage is amazing (low 3'%) and have no plans to lose that.