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13 July 2024 | 1 reply
Long term hold with plans to force value by adding egress window/exits in basement to increase property from 2 bed / 1.5 bath to a 3 bed / 1.5 bath on each side and increase overall value.
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15 July 2024 | 7 replies
If you do have to sell in the short-term you might not recoup all the money you put in.
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13 July 2024 | 20 replies
So with population growth of 50,000/yr forecast to come in for the next 5 yrs, and only 70,000 new units being delivered, we are buying for a long-term hold based on the future fundamentals of the market.
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15 July 2024 | 5 replies
Not hairline crack but a continuous crack probably about 7-8 feet long and wide enough to put a credit card into the crack.
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15 July 2024 | 5 replies
Many lenders offer flexible financing terms up to 85% in some instances for investment property transactions.
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15 July 2024 | 1 reply
Integrity goes a long way.You can also give a very generous closing gift, offer additional information/services post-closing, and/or offer a rebate for a portion of your commission at/near closing time.
12 July 2024 | 5 replies
I want to add that this rental business is for vacation rentals/short-term, rather than long term rentals.
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14 July 2024 | 7 replies
I would try to find a short term/mid term rental friendly agent who might be able to give you super accurate feedback on the market
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15 July 2024 | 7 replies
If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.
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15 July 2024 | 9 replies
Hi Bob,If you have had a positive experience like it seems that you have, I'd suggest sticking with your current turnkey provider.8 years is a long time and only having 2 tenant turnovers in that time is fantastic.They have stood the test of time and not many turnkey providers do.Also, why fix it if it's not broken?