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3 February 2025 | 56 replies
If these continual expenses are not made you end up with slum properties renting for a minimum weekly rate to transients.I don’t know your properties so I can’t form a specific opinion; however, based on the information you’ve shared I trust your opinion and knowledge.
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23 January 2025 | 7 replies
Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.
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26 January 2025 | 5 replies
When an appraiser is adjusting a comp to match the subject property, he or she will use an adjustment based on the difference in square footage.
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28 January 2025 | 10 replies
I paid for the subscription for a few months and drew my own custom Google maps areas and color coded them red/yellow/green based on a "grade" I felt came from a few metrics like crime/average household income/etcI also really like realtors dot com new maps, if you search for an address and click on the map and then go to the top left and choose the Value slider it will give you a nice color coded map of which areas of a neighborhood are higher valued.
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22 January 2025 | 9 replies
Hey Jon would recommend checking out FB groups if you aren't local (looks like you're based in the Bay).
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23 January 2025 | 5 replies
., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.
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20 January 2025 | 1 reply
I would need to consult tax consultant for this however I expect to reduce my effective costs by ~$1,495/month (based on a 32% tax bracket).2.
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18 February 2025 | 51 replies
I joke that he's the unofficial Mayor of Springfield based on all of the social and charitable activities that he does there.
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23 January 2025 | 3 replies
I would underwrite buyers based on stability of income, financial payment history & ability to pay.
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22 January 2025 | 6 replies
Generally yes a HELOC will go off your personal finances so qualifying is generally based on your income, liabilities, and credit.