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18 June 2024 | 2 replies
Knew the market was good and knew that I couldn't go wrong if I rented it out considering it was near a popular military base as well.
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18 June 2024 | 8 replies
I would suggest starting lower for "early birds" and as you get closer to completion raise the rents to market value.
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18 June 2024 | 7 replies
Lancaster used to have alot more crime 20 yrs ago and it turned and now im seeing the same things happening in Reading not to mention we know the rental market there has been amazing we get great tenants who pay only 1 or 200 month less than apartments rent for in lancaster.
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17 June 2024 | 15 replies
For example, buy properties with a 10% return, and you will have 2500ish to reduce that $5K expense a month; then you can save more money quicker, gain more skills to increase your active income to pour into LTRs to get that ROI up to quit your job in 1-2 years.
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18 June 2024 | 5 replies
A single family house ,which needed some rehab and is now rented out on a yearly lease.I realy believe in BRRRR strategy and am interested in making a new and similar investment in this area.Outside of real estate, I enjoy furniture restoration, sports hiking and reading .Excited to learn and connect with you all!
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18 June 2024 | 18 replies
Does anyone have any insights of how much it typically costs to turn over a unit like that to get it odorless and rent ready again?
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18 June 2024 | 8 replies
I would use a company versed in this process to manage the operations of the LLC and collect the rents/operating costs for the owners.
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18 June 2024 | 8 replies
I cash out refinanced my primary in 2019 right at the start of lockdowns with the idea of buying a new home and rent my current.
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18 June 2024 | 17 replies
That way you can acquire, renovate, and either sell off or rent. the fix & flip is a 90% ltv + 100% renovation. ex. pp: $72k Loan 90%ltv: $64,800 + $11k reno= $75,800- that’s the minimum loan amount met and we can close.
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15 June 2024 | 5 replies
This amount includes utilities, taxes, insurance, repairs (8% of rents), vacancy (8% of rents), and capex (5% of rents).Link to the Redfin listing: https://www.redfin.com/ME/Augusta/39-Oak-St-04330/home/99940...