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17 April 2024 | 5 replies
Does anyone actually believe the reported inflation rate or that US denominated debts (worldwide) will ever be repaid?
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16 April 2024 | 3 replies
Now worth $650,000Step 5: Brought the four family rents up to market rate which is $5200 per month.Time to complete: 10 years.Cash flow went from $350 per month to $2,000 per month.Properties are now worth around $1,000,000.Success story BStep 1: Bought a condo in 2014 in a HCOL city for $200,000 and rented it to a roommate (house hacking).
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16 April 2024 | 0 replies
Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)
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15 April 2024 | 0 replies
They may have enjoyed a comfortable life in their homeland, but upon moving, they often encounter significant hurdles.
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16 April 2024 | 2 replies
The rate is about 5.25% or similar for 5 years.
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16 April 2024 | 6 replies
Parks get shuttered and sold for new development when park owners fail to keep rents ahead of inflation and competing CAP rates and other uses become more lucrative.
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16 April 2024 | 3 replies
Interest rates are high today, but do I wait and buy when rates drop or wait when prices jump?
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15 April 2024 | 19 replies
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17 April 2024 | 6 replies
This sounds like it would possibly be a rate and term refinance since your balance will be $203,000.
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16 April 2024 | 11 replies
@Vicente HernandezReal estate agents tend to prefer property management firms that have clear payment plans, fair commission rates, an easy referral system, prompt payments, assistance and tools, and a good standing.